They are concerned by the increasing number of investor losses and complaints resulting from binary options. The proposed ban is critical to tehir efforts to help stop binary options fraud in Canada
Brokers have been illegally targeting clients in Canada for years.
Numerous binary options firms have been aggressively selling their products in countries unregulated. Canadian authorities have set up a special website to inform clients about the risks of trading binary options: http://www.binaryoptionsfraud.ca/.
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