Binary Options Firms Fined becouse US regulators continue to take significant steps in tightening operation, penalizing the illegal actions of binary options companies, which provides access to customers on the basis of the United States. According to the US Commodity Futures Trading Commission (CFTC) has fined two binary options, binary options broker Vault Settings and Global Trader 365
A court order obtained by the US watchdog found two firms of brokers responsible for the provision of their services and illegally awarded a penalty and restitution charges. Firms together have to pay a civil fine of $ 3,000,000 and $ 1,587,731 in compensation to customers who deceived us and Binary Options Firms Fined in US.
US Courts System Solves the Matter in only 4 months
Both brands have been suspended and no longer works. CFTC released its first notice of the case in March this year, when the controller indicating that the company had illegally soliciting US customers and working in the United States.
The rate at which N US authorities have allowed this question in court is significantly higher than in other cases, demonstrating continued commitment to curtail the illicit offer binary options in the United States.
binary options brokers Vault Options and Global Trader 365 is not the first binary options companies have been fined by the CFTC, the US regulators have been carefully consulting the broker does not provide its services in the country.
Companies have been found guilty of fraud with the CFTC order of stressing that the claim that the representatives used to attract customers for storage were reckless, asserting that makes big profits from trading in the markets easily.
Binary Options Firms Fined and New Facts, quite the opposite happened, as in the case of any occurrence when a high-pressure sales tactics are used.
Vault Options and Global Trader 365 is also entered in the customer error, the deposited funds were somehow immune to losses.