News sources in Israel are reporting that the country's new legislation meant to outlaw all aspects of the Binary Options industry from operating in the country has been watered down from its original version. We had earlier exclusively reported that implementation of what's now known as the Israel Binary Options Law has been delayed to…
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Australia financial regulator ASIC has announced that in March 2017 it conducted a review of various mobile app stores, focusing on apps associated with binary options trading. The review highlighted over 330 apps which were offered to Australians by entities and individuals that appeared to be unlicensed. 63% of the apps were offered by binary…
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Pan-Canadian financial regulator Canadian Securities Administrators (CSA) has issued its 2017 annual report, highlighting the CSA's ongoing fight against Binary Options scams targeting Canadian consumers. The CSA comprises a council of securities regulators of Canada’s 10 provinces and three territories. It coordinates and harmonizes regulation for the Canadian capital markets. The CSA devoted an entire section…
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LeapRate Exclusive... LeapRate has learned that Israel's new Binary Options law, banning the operation of any part of a Binary Options brokerage in the country, will not be passed by the country's Knesset parliament in time for the plenary's summer vacation. The Knesset begins its summer break today, July 30. The earliest that the bill…
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The U.S. Commodity Futures Trading Commission (CFTC) has launched True Fraud Stories, a video series about how cunning fraudsters have lured smart investors into fraudulent investment schemes that resulted in the loss of thousands of dollars of their savings. These real-life victims tell their stories hoping others will become educated about financial fraud and avoid…
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The Autorité des marchés financiers (AMF) is publishing another warning list in just two days, this time of new websites offering binary options trading, for which no authorized investment services provider could be clearly identified. Here is the list of new websites recently identified: www.cbf-financial.com www.toro-next.com www.easygestions.com www.4u-groups.com www.luxembourg-capital-finance.com A list of all unauthorized sites…
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Israel's new parliamentary bill to ban all aspects of the Binary Options brokerage business from the country - including when it comes to foreign clients - seems to be well on its way to becoming law. The bill, known now as Israel's Binary Options Law, passed the first of three required readings today in Israel's…
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LeapRate has learned that the new legislation to ban the operation of binary options brokerages in Israel will (finally) make it to Israel's parliament, the Knesset, for a formal first reading next Monday, June 26. Israel's parliament requires three readings of a bill before it can become law, with a formal Knesset vote usually taking…
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The Cyprus Securities and Exchange Commission (CySEC) just informed investors with regards to binary options operator Airfinance Pro Ltd (the Company), that: The Company was authorised by CySEC for the provision of investment services in financial instruments (License Number: 206/13) The Company renounced its authorization on 9 November 2016 but has not yet informed CySEC…
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The exit of regulated Binary Options brokers from Cyprus continues. The Cyprus Securities and Exchange Commission (CySEC) announced that, on 28th April 2017, the CIF Leadtrade Ltd, which provided investment services via the domains www.leadtradeltd.com, www.topoption.com, www.excellenceoption.com, www.prestigeoption.com, www.platiniumoption.com, www.optionsclick.com, renounced its authorisation, pursuant to section 24(1)(b) of the Investment Services and Activities and Regulated…
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