Local Watchdog Warns Against Binary Options Firm Not Licensed to Operate in Spain

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Local Watchdog Warns Against Binary Options Firm Not Licensed to Operate in Spain

Postby kreslik.news » Sun Feb 28, 2016 4:30 pm


Spanish Comisión Nacional del Mercado de Valores (CNMV) has issued an official statement against a binary options broker, EmpireOptions. In the statement published today we read that the entity allegedly does not have the appropriate licenses or authorization necessary to provide investment services in accordance with the Spanish Securities Markets Law.

The brokerage’s official website (empireoption.com) states that the brand belongs to the Brighton Digital Services Ltd, headquartered in London. It is impossible however to find any detailed info regarding any authorization, whether issued by the Spanish authority or international market watchdogs.

The CNMV has recently been very active when it comes ... (read more)

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