CySEC Head: FX and Binary Options Call Centers May Be Required to Move Here
Posted: Mon May 02, 2016 11:42 am
Binary options brokerages have been at the center of the discussions of financial regulators worldwide. Some regulators, like the Israeli Security Authority, have banned this activity. Others, like the Canadian and the French regulators, are constantly issuing warnings and new regulations, making binary options activities in these countries more and more challenging.
The core discussion revolves around the question of whether binary options is a financial instrument, or gambling. One of the main complaints aimed at binary options brokers is regarding their call-centers, which are considered by some as too aggressive.
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