Israeli Watchdog Head: “Binary Options are Like Blood Diamonds”

[kreslik.news]

Prof. Shmuel Hauser, Head of the Israeli Securities Authority (ISA), compared binary options to the blood diamonds mining industry on the African continent, speaking at the Globes Capital Markets conference today.

“Binary options in my view are like those blood diamonds, in that the mining process in Africa has exploited and harmed so many people,” Hauser stated. “We must expand our enforcement capabilities in order to eliminate binary options trading. The common belief of tens of countries around the globe is that the Israeli authorities are turning a blind eye towards binary options and are reluctant to solve the problem.”

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