UK FCA seeks to shut down illegal binary-options trading, examines 94 suspect firms
( January 12, 2018, 10:51 GMT | Official Statement) -- MLex Summary: The UK's Financial Conduct Authority has published a list of 94 firms it suspects of illegally offering trading in a risky type of instrument known as a binary option. Providing such service without authorization is a criminal offense, the FCA said. The watchdog said it is examining each of these firms and that it will consider taking legal action against any operating in the UK.Full statement follows:...
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