FMA Issues Warning against Binary Options Broker

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FMA Issues Warning against Binary Options Broker

Postby kreslik.news » Mon Jul 10, 2017 5:03 pm


The Financial Markets Authority (FMA), New Zealand’s financial watchdog, has issued a warning regarding the unauthorized operation of Stern Options. The brokerage offers binary options trading and financial services.

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Stern Options, also known as Stern Binary Options, has appeared in a number of reports received by the FMA. The company’s lack of authorization or license did not stop it from marketing its services to New Zealand-based clients via cold calls. Stern Options claims an office at the Stern European Support Centre, 5th and 6th Floors, Landmark Building, 14 Tsar Osvoboditel Blvd., Sofia, Bulgaria.

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