Cyprus Securities And Exchange Commission Binary Options
The Cyprus Securities and Exchange Commission is taking binary options scams more and more seriously and is more ready than ever to prosecute companies that threaten customers of European Union. The last on the prosecuted list is WGM Services Ltd, the company behind EZTrader, a brand well known to CySEC as this is not the first time they are being punished. The Cyprus Securities and Exchange Commission is taking binary options scams more and more seriously and is more ready than ever to prosecute companies that threaten customers of European Union. The last on the prosecuted list is WGM Services Ltd, the company behind EZTrader, a brand well known to CySEC as this is not the first time they are being punished. Copyright © 2012-2018 All Rights Reserved Fair Forex Brokers - de This website is independent of of all forex, crypto and binary brokers featured on it.
The Securities and Exchange Commission today warned investors about the potential risks of investing in binary options and has charged a Cyprus-based company with selling them illegally to U.S. Cyprus Securities and Exchange Commission Notably a significant number of overseas retail forex brokers and binary options brokers have obtained registration from CySEC. However, joining the EU and adopting the Euro significantly changed the financial regulatory framework that CySEC policed for regulations had been previously options a tax haven. Earlier this week The Cyprus Securities and Exchange Commission (CySEC) has published a consultation paper proposing various reforms that are aimed to standardize the binary options trading as we know it today.
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Who Regulates Binary Option Brokers? Attractive returns and freedom to choose trade timings are the primary reasons for scores of individuals belonging to varied walks of life to get attracted to binary options trading.
However, this nascent industry is plagued with fraudulent brokers who look for every opportunity to rip their clients. To protect clients’ interests, regulatory agencies across the world are doing their best to streamline the operations of the industry. From a trader’s perspective, ultimately, protection of capital is vital while dealing with any binary broker. In this regard, let us study the manner in which the binary options industry is regulated by the prominent government authorized agencies.