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Canadian financial regulator warns against binary options sites

29th March 2016 7:02 am GMT

Canadian financial regulators have warned traders about the use of offshore binary options trading platforms, noting that none are licensed to operate in Canada and urging users to notify sites to their local regulator.

The Canadian Securities Administrators (CSA), which represents securities regulators from the 10 provinces and three territories of Canada, says that no business is currently registered or authorized to market or sell binary options in the country.

It says that binary options trading is similar [...]

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