Unregulated Brokers Slipping Through The Cracks In a report first broken by FinanceMagnates in an exclusive story unregulated brokers are switching tactics. At least, they are moving to new locales and targeting new markets with the same old tricks. The problem they faced, a crack down on non-regulated brokerages and on their marketing tactics, forced […]
Fighting A Flood Canadian regulators have long fought a rising flood of binary options fraud. Warning after warning from once province after another, backed up by more warnings from national level regulators have failed to curb what some in high position regard as nothing more than a transaction whose sole purpose stealing money. The latest […]
NADEX, Self-Regulated Safe Broker NADEX has provided an example of how a broker, and exchange and the binary options should operate; self-regulating. The exchange has recently banned a husband and wife team found guilty of operating a money-pass scheme. Money-pass, a practiced deemed unethical and illegal by NADEX and regulators, is a fraud in which […]
Market Recoils From All-Time Highs Just when you though it was safe to go back in the water… a brewing geopolitical storm has investors on edge. The S&P 500 has pulled back by -1.25% in the last week and more than -3% in the last 6 as it has continued to correct following the recently […]
Warnings, blacklisting, fines and more regulations continue to poor in. In the last week a minimum of 4 international regulators have announced new regulations, new scams or both. In most cases the regulators are beginning to turn focus to the marketing, forcing the brokers to take responsibility for the actions of their network and, hopefully, […]
The FBI Is On Full Alert The FBI, in an alert to investors, says that binary options fraud is a growing problem. Well no #$%&. Binary options fraud has been the name of the game since the game was first introduced. I’m not saying that the entire industry is a fraud because its not. Trading […]
As Regulators Crack Down The Investment Industry Pushes Back Canada’s regulators have long been counted among the most hostile toward binary options and there is good reason. The nations citizens have been targeted mercilessly by binary options scams and fraud leading to the suicide of at least one man. The problem is not that binary […]
Rush for shares makes Snapchat founders instant billionaires Snap Inc shares were up 44% at the end of the company’s first day of trading – giving Snapchat founders an instant pass to join the tech billionaires’ club. Market Reaction To Snapchat IPO The success of the initial public offering (IPO) means the US company now […]
Change Is Afoot The regulatory landscape for binary options has been getting tougher and tougher for the brokers, but this is a good thing. It helps keep the shady, unregulated brokers from doing too much damage and it helps promote the legitimate binary options industry. Now it looks like things are going to get even […]
Time For Pause The global markets pulled back from all time highs this week even as the Dow Jones Industrial Average set a 30 year record. The blue chip index rose for a record 10 straight sessions, a feat not achieved since 1987, and set new all time and intraday closing highs above 20,800. In […]