October 01, 2016 BY Mike Fox

CySEC issues 6 figure fines to binary option brokers IQ Option and OptionRally

The Board of the Cyprus Securities and Exchange Commission (CySEC) wishes to inform investors that, at its meeting held on September 5th 2016, decided to impose a total administrative fine of €180,000 ($202,356) to the CIF IQ Option Europe Ltd. As a result of the same meeting, CySEC also decided to impose a total administrative…

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