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EU flags waving in front of European Parliament building. Brussels, Belgium

The European regulator’s measures aim to protect retail investors

Laughing senior man using laptop computer at home

The ban on ads for binary options, cryptocurrencies and related products will take effect in June

  • March 14, 2018 February 14, 2019
  • 13:00
Bitcoin Electronic Crypto Currency Exchange Concept Illustration

Since Canada’s binary options ban, fraudsters have increasingly relied on cryptocurrencies and ICOs

Phishing via internet isometric vector concept illustration Hacking credit card information website Cyber banking attack Online security

Scams may involve binary options, cryptocurrencies and contracts for difference

Stock exchange board with abstract background

Regulators have found that between 74% and 89% of clients that trade in these products lose money

New Brunswick regulator reports increase in suspected fraud

Fraudsters are still targeting Canadian investors through these, and other channels, Manitoba regulator warns

Ban supports efforts to protect Canadians from fraud

Alert outlines common investor complaints

The unregistered firms are alleged to have sold binary options to Ontario investors

Regulator cites online apps from unregistered firms that make misleading statements