Client updates / Gambling

Analysis: Israel’s Binary Options Ban Disrespects Foreign Regulators

7 March 2017 / Zvi Gabbay

Anyone who followed the financial press in Israel In the recent months would have realized that the Israel Securities Authority is on the war path against the binary option industry in Israel, and has every intention of closing it down. According to the Chairman of the ISA, Prof. Shmuel Houser, binary options are very similar to gambling, and often may involve fraudulent business practices intended to deceive the unaware investing public.

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Client updates / Gambling