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After the publication of the latest circular by the Cyprus Securities and Exchange Commission (CySEC), it has become clear how the watchdog intends to tackle unfair practices that some brokers have been using.
With the introduction of historical quotes and the ability for clients to see bid and ask prices, the regulatory framework outlined for binary options companies has become more cumbersome at first sight.
Looking for an answer to the question whether the regulator hasn’t gone too far Finance Magnates has reached out to a number of industry insiders including brokers are technology providers alike.
With the brokers in most cases ... (read more)