Is Israel Cracking Down on Binary Options Technology Providers Too?

[kreslik.news]

This article was written by Nir Porat, the Co-Managing Partner at Ben Basat, Porat & Co and David Woliner.

It was recently reported that the Israeli Securities Authority (ISA) initiated an initiative to ban the targeting of foreign citizens by local (Israeli) binary options operators.

Reportedly, the ISA has approached the Attorney General seeking to amend the relevant laws in order to be able to impose this ban. Since the exact terms of the requested amendment were not publicly disclosed, it is difficult to analyze the ISA’s initiative in full.

Considering the involvement of the Attorney General, who ... (read more)