Canada’s Regulators Continue Fight vs Binary Options, MSC Warns on TorOption

[kreslik.news]

Canadian provincial regulator, the Manitoba Securities Commission (MSC), has issued an alert, warning the public against investing with unregistered binary options broker TorOption, according to a regulatory statement.

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The brokerage, which operates online at www.toroption.com and is owned and operated by Smart Choice Zone LP provides investors and traders with the ability to trade stocks, currency pairs, commodities and indices on the exotic options market.

TorOption is, however, not registered to sell securities in Manitoba, or anywhere else in Canada, and has therefore failed to comply with provincial securities ... (read more)