Five companies and four people charged
Move aimed at protecting consumers from unsuitable investments
U.S. regulator alleges Berkley Capital Management defrauded clients of US$2.5 million
The CFTC alleges the internet fraud generated more than US$17.8 million
Renewal extends prohibition on the marketing and distribution of binary options to retail clients for another three months
Proposed rules aim to address the risks to retail investors from trading in complex derivative products
The European regulator will renew the ban for three months
Report covers the marketing and sale of rolling-spot forex contracts, contracts for differences and binary options
The European regulator has also agreed to exclude products that don’t put investors’ capital at risk from the ban
Risky purchases can leave investors with no protection