Tag: canada binary options

April 27, 2017 BY LeapRate Staff

Canada financial regulatory umbrella group CSA proposes Binary Options ad ban

The Canadian Securities Administrators (CSA), the council of the securities regulators of Canada’s provinces and territories which co-ordinates and harmonizes regulation for the Canadian capital markets, has published for comment National Instrument 91-102 Prohibition of Binary Options. The proposal would prohibit advertising, offering, selling or otherwise trading a binary option to an individual throughout Canada. Given that…

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January 31, 2017 BY Valentina Kirilova

OSC warns: Kevin O’Leary falsely linked to binary options trading platforms and software

The Ontario Securities Commission (OSC) warned investors about advertisements using the image or likeness of Canadian businessman and television and radio personality Kevin O’Leary to promote “get rich” schemes using certain binary options trading software and platforms. OSC Staff have communicated with representatives of Kevin O'Leary and confirmed that he has not approved the use…

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BCSC warning
July 11, 2016 BY LeapRate Staff

Canadian regulator BCSC warns against binary options broker BigOption

Canadian securities regulator the British Columbia Securities Commission (BCSC) has issued a warning to investors regarding binary options broker BigOption (at website bigoption.com), operated by Wirestech Limited. Most of warnings of this type involved unauthorized advertising to or contact with retail investors in Canada by unlicensed brokers, and this one is no different. According to the…

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March 16, 2016 BY Maria Nikolova

Canada's securities regulators hold Check Registration Day, reiterate binary options risks

The Canadian Securities Administrators (CSA), the council of the 10 provincial and three territorial securities regulators in Canada, encourage investors to take part in the annual Check Registration Day on March 16, 2016. Investors are advised to visit aretheyregistered.ca to see whether the individual or firm offering them an investment or advice is registered to do…

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October 10, 2015 BY LeapRate Staff

Canadian regulator OSC issues warnings against binary options operators TNT Options and EveryOption

Canada’s leading securities regulator, the Ontario Securities Commission (OSC), has continued its recent crusade against unregulated binary options brokers. The OSC has issued two new warnings against Romania-based Market City International SRL which operates as TNT Options (or tntoptions.com), as well as UK-based Rich Ventures Ltd. operating as EveryOption (or everyoption.com). Interestingly, on its website EveryOption states that…

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