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The Cyprus Securities and Exchange Commission (CySEC) has just released a new circular that is drastically changing the business operation model of regulated binary options companies. The document released by the regulator obliges substantial changes to the software that is currently being provided by most technology providers in this industry.
According to the new requirements the new products will have to comply with a set of regulations. Clients of binary options brokers will have to receive adequate information about the contracts that they have been trading to ensure transparency, while brokers will need to “operate in a way that is fair ... (read more)