Option500 Added to Hong Kong SFC’s Alert List

[kreslik.news]

Hong Kong’s financial regulator, the Securities and Futures Commission (SFC), has issued an update to its Alert List which includes the names of businesses that are unlicensed in Hong Kong and which have been caught targeting Hong Kong investors.

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Option500 is the latest binary options provider to come under fire by the regulator for not having a license, adding to the growing list of brokers included by the SFC.

The latest warning comes afterseveral binary options firms recently hit the headlines with other jurisdictions, and follows a similar ... (read more)