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UK financial regulator takes aim at illegal binary options providers

15th January 2018 7:14 am GMT

The UK Financial Conduct Authority (FCA) has published a list of 94 operators that offer binary options trading to UK customers without its authorisation.

Binary options became a regulated investment product under the authority of the FCA at the start of this year, with all companies requiring authorisation from the financial regulator.

As a result, those that are not authorised by the FCA and continue with binary options activities will be in breach of section 19 of the Financial Services [...]

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