1 post • Page 1 of 1
The Dutch Administrative Appeals Court (CBB) has confirmed the operating license of binary options brokerage Optionclub. The company has been in a lengthy battle with local authorities and in particular with The Netherlands Authority for the Financial Markets (AFM).
The financial regulator in the country has rejected the company’s application for a financial services provider on multiple occasions, with the latest rationale being that the company’s product resembles a game of chance.
With the Dutch company engaging in a lengthy battle with local regulators and courts for the approval of its financial services provider license, the result is final approval from the ... (read more)