Category: Binary Options

SFC fines
March 21, 2017 BY Valentina Kirilova

Vision Financial Partners fined more than $6.5 million in CFTC binary options fraud action

The U.S. Commodity Futures Trading Commission (CFTC) today announced that Judge James I. Cohn of the U.S. District Court for the Southern District of Florida entered a Consent Order against CFTC Defendants Neil Pecker with a last-known address in Longwood, Florida and his company, Vision Financial Partners, LLC (Vision) of Deerfield Beach, who were charged…

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UN report says North Korea laundered $2 billion theft via Hong Kong firm
March 17, 2017 BY Valentina Kirilova

IRS imposters trying to scam money from Binary Options traders: FINRA

The Financial Industry Regulatory Authority (FINRA) today issued an Investor Alert warning anyone involved in binary options trading through unregistered non-U.S. companies to be on guard for a one-two punch: losses followed up by potentially fraudulent pitches to help recoup those losses. Ploys include recovery scams and IRS impersonation scams. Binary options are inherently risky…

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March 10, 2017 BY LeapRate Staff

Binary Options broker group Novox Capital fined €5,000 by CySEC over name change to ZoomTrader Global

Cyprus financial regulator CySEC has issued a €5,000 fine to regulated binary options brokerage group Novox Capital Ltd. Novox is a licensed CIF company which operates a number of Binary Options, Forex and CFDs brokerage brands, including OptionBit (at website optionbit.eu), ZoomTrader Global (at zoomtraderglobal.com), RoyalPip (at royalpip.com), and NGN Broker (at ngnbroker.com). The current…

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March 09, 2017 BY Valentina Kirilova

Interactive Brokers to leave options market making to 'order internalizers'

Interactive Brokers Group, Inc. (NASDAQ GS:IBKR) announced that it will discontinue options market making activities globally, which are conducted through its Timber Hill companies. The Company expects to phase out these operations substantially over the coming months and intends to continue conducting certain trading activities in stocks and related instruments. Thomas Peterffy, Chairman and CEO,…

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March 09, 2017 BY LeapRate Staff

Binary options broker Suisse Option receives warning from Canadian regulator BCSC

Continuing its string of warnings against unregulated brokers and other scams targeting retail traders in Canada, Canadian securities regulator the British Columbia Securities Commission (BCSC) has added to its Investment Caution List unregulated binary options broker Suisse Option, operating from website suisseoption.com. According to the BCSC, Suisse Option claims to be based in Hong Kong, and…

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March 07, 2017 BY LeapRate Staff

RushBucks stops all Forex and Binary Options affiliate promotion following Israel crackdown

LeapRate Exclusive... LeapRate has learned that popular Forex and Binary Options affiliate programs operator RushBucks is cutting its ties with the sector. At various times, RushBucks has run affiliate programs for a number of (mainly Binary Options) brokers including TradeRush, Redwood Options, Boss Capital, as well as 10Trade.com, a CySEC licensed Binary Options broker via parent company Holiway Investments…

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