Search Results for: binary options
FCA UK proposes permanent measures for retail CFDs and binary options
December 10th, 2018
The Financial Conduct Authority (FCA) is proposing rules to address harm to retail consumers from the sale of certain complex derivative products with the publication of two consultation papers. The rules would apply to firms acting in or from ...
ESMA renews Binary Options prohibition
November 13th, 2018
The European Securities and Markets Authority (ESMA) has agreed to renew the prohibition of the marketing, distribution or sale of binary options to retail clients, in effect since 2 July, for a further three-month period. ESMA has carefully considered ...
ESMA issued a notice on product intervention renewal decision in relation to binary options
October 4th, 2018
On 21 September 2018, the European Securities and Markets Authority (ESMA) adopted a Decision under Article 40 of Regulation (EU) No 600/2014 to prohibit the marketing, distribution or sale of binary options to retail clients. The Decision renews and ...
Individuals and entities charged in global retail binary options fraud
September 28th, 2018
The Commodity Futures Trading Commission (CFTC) announced that it filed two complaints in federal district courts in Florida against four individuals and three entities and issued seven administrative Orders filing and simultaneously settling charges against seven individuals and two ...
AMF: Restriction measures on CFDs and binary options is to protect investors
September 12th, 2018
The French regulator Autorité des Marchés Financiers (AMF), that regulates participants and products in France’s financial markets, reminds investors that the restriction measures for the CFDs and binary options agreed by ESMA is to protect them. In accordance an announcement ...
Investors claim they lost €4.1m in Binary Options scam
September 3rd, 2018
A group of investors who claim they lost millions of euro in an electronic trading scam have brought a High Court damages action against an Irish-registered firm and Irish- and Israeli-based directors. They have sued Greymountain Management Ltd, which ...
ESMA agreed to renew prohibition on Binary Options for a further three months
August 27th, 2018
The European Securities and Markets Authority (ESMA) has agreed to renew the prohibition of the marketing, distribution or sale of binary options to retail clients, in effect since 2 July, from 2 October 2018 for a further three-month period. ...
CFTC announced $1.9 Million penalty for Bitcoin and Binary options fraud scheme
July 25th, 2018
On July 9, 2018, a New York federal court ordered Dillon Michael Dean (Dean) of Longmont, Colorado, and The Entrepreneurs Headquarters Limited (TEH), Dean’s UK-registered company, to pay over $1.9 million in civil monetary penalties and restitution in connection ...
Irish companies to pay a multi-million dollar penalty for illegally trading Binary Options
July 20th, 2018
The Commodity Futures Trading Commission (CFTC) announced that on July 5, 2018, Senior Judge Royce C. Lamberth of the U.S. District Court for the District of Columbia issued an Opinion and Order (Order) against Defendants Intrade The Prediction Market ...
Breaking: The Cyprus Regulator clarifies about the ESMA CFDs and Binary Options measures in regards non EU residents
June 4th, 2018
Further to a number of queries received, the Cyprus Securities and Exchange Commission (CySEC) has issued today a Circular to inform on whether the ESMA product intervention measures about Contracts For Difference (CFDs) and Binary Options would also apply in ...
