No firms are registered in Canada to provide or market binary solutions, so no binary solutions trading is currently permitted. Provincial regulators have proposed a whole ban on all binary selections trading include a ban on online advertising for binary solutions trading web sites.
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On June 6, 2013, the U.S. Commodity Futures Trading Fee (CFTC) as well as Securities and Exchange Fee jointly issued an Investor Alert to alert about fraudulent advertising schemes involving binary solutions and binary alternatives trading platforms. The 2 businesses stated that they experienced been given many problems of fraud about binary selections trading internet sites, "which include refusal to credit history purchaser accounts or reimburse funds to consumers; identification theft; and manipulation of software package to generate losing trades". Other binary options operations had been violating demands to register with regulators.[25]
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