Exclusive: Unregulated Firm UK Options Closing Shop

[kreslik.news]

Regulatory pressure continues to affect Israeli binary options providers with yet another broker winding down. Finance Magnates has learned that UK Options, operating under an IP registered in Ireland, has stopped taking deposits, and all its employees were cut loose last week.

To unlock the Asian market, register now to the iFX EXPO in Hong Kong

Recently UK Options gained entry to a notorious list – the American Commodity Futures Trading Commission Red List – after allegedly targeting US citizens unlawfully. Contained within the list are foreign entities acting in capacities that require registration but that are not appropriately registered with ... (read more)