Regulators Across Canada Form Task Force to Beef up Fight Against Binary Options

[kreslik.news]

In response to escalating binary options scams, provincial and territorial securities commissions across Canada have formed a task force and launched a new dedicated website to crack down on its aggressive marketing tactics, cloning and false claims of regulation.

In addition to the Binary Options Task Force, the Canadian Securities Administrators (CSA), comprised of the country’s thirteen key financial market regulators across their respective provinces, launched a new resource site, www.BinaryOptionsFraud.ca. The move is part of a campaign to educate Canadians about the binary options scams.

The initiative against binary options activities comes after the Canadian watchdogs received more than ... (read more)