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SEC charges firm with misleading investors about binary options profitability

( November 10, 2016, 22:05 GMT | Official Statement) -- MLex Summary: The US Securities and Exchange Commission on Thursday announced that EZTD must pay more than $1.7 million for misleading investors into trading binary options over the Internet, and the agency warned that other firms may be out there actively trying to do the same thing. According to the SEC’s order, EZTD failed to register the binary options or register as a broker-dealer to legally sell the investment to US investors, and it failed to disclose on its trading platforms that there was significantly greater potential for investors to lose rather than earn money. Statement follows in full. Also see document below. ...

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