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There have been a set of worrying developments over the past couple of years concerning binary options. What started as a controversy in the US in 2013 with the action of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) to limit the offering of the product across the Atlantic, has been spreading to other regions of the world.
While the dispute of whether binary options should be treated as a financial instrument or gambling continues, a number of regulators have joined the US in proclaiming binary options as dangerous or illegal.
At the beginning of the past ... (read more)