The Czech Republic, Estonia, and Slovakia Propose Banning Binary Options
More and more countries continue to introduce bans on binary options across Europe. The most recent three to join in this trend include Estonia, the Czech Republic, and Slovakia. All three have proposed product intervention measures on the table which would prohibit the trading of binary options. Estonia and Slovakia also seek to ban contracts for differences. This news comes from the European Securities and Markets Authority (ESMA). In a recent ESMA bulletin, the regulator states that it “has today issued five positive opinions on product intervention measures taken by the National Competent Authorities (NCAs) of the Czech Republic, Estonia and Slovakia. ESMA’s opinion finds that the proposed measures are justified and proportionate and that it is necessary for NCAs of other Member States to take product intervention measures that are at least as stringent as ESMA’s measures.” If you visit the link to the bulletin, you can view all five of the positive opinions which the ESMA has issued. Check back with us soon for more updates on binary options regulation changes around the globe. Given how many European countries have moved to permanently ban binary options lately, similar announcements are likely to continue in the near future.
CFTC Continues to Crack Down on Illegally Operating Binary Options Companies
In a global atmosphere which is increasingly strict when it comes to binary options regulations, the US Commodity Futures Trading Commission (CFTC) remains ever-vigilant. In recent news, the regulator went after 8 companies and individuals who were offering their services in binary options and FX without CFTC regulation to US consumers. According to the official press release, charges were filed against:
Allen Investment Management, LLC et al., an Indiana LLC and founder and officerRyan Jacob Allen;
Forex Entourage LLC, a Utah LLC and its cofoundersPaul Anthony RomeroandZachary Duffy;
HedgeFund4U, LLC, a California LLC and its chief executive officerIsaac Ticon;
Hooley Solutions LLC, a Utah LLC and its founder and ownerSteven Bradley Hooley;
International Markets Live, Inc.; a New York corporation;
LegionFX LLC, a Nevada LLC;
The Lion’s Share FX,a Michigan company and co-foundersJordan Denham,Collin HargisandJosh Pascoe; and
Wealth Generators, LLC, a Utah LLC.
The CFTC reports that this type of unregistered activity is on the rise.
We research in order to bring you all the most relevant updates on binary options regulation as they happen around the world. But if you are looking for additional resources on ESMA binary options developments, there is now yet another way to make sure you don’t miss a single key event. The ESMA has just launched a brand new newsletter. The first edition is titled ESMA NEWSLETTER - Nº1, and it was published on February 1, 2019. In the introduction, the ESMA writes:
In this first edition of ESMA's new newsletter we catch up on the full list of publications and announcements following ESMA's Board of Supervisors meetings on 18 December 2018 and 30 January 2019.
ESMA adopted a Decision under Article 40 of Regulation (EU) No 600/2014 to renew the prohibition on the marketing, distribution or sale of binary options to retail clients.
This is a development you are likely already aware of since we shared it here in our news feed back when the decision was made to extend the ban on binary options yet again. Still, the newsletter provides a nice reference point summarizing both recent and upcoming developments both with binary options and with other instruments which the ESMA regulates. Keep up with future ESMA newsletters are well as our feed here to make sure that you stay on top of all binary options news in the European Union!
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I had a Super Core lying about collecting dust, but I really felt in the mood to build myself a new FDL-3... The problem is that FDL's are flywheelers, and to be honest, I already have 4 of them.. And so what would any self respecting Nerfer do in my position? Mod. And mod I did... Virtually every part of the FDL has been modified to make this work. Some parts are obvious and quite extensive - such as installing a Super Core and air system where you had a pusher and electronics, and the creation of a matching bottle stock.. But other parts were less so.. Such as changing the position of the magazine within the magwell, adjusting the mag release components to suit, realignment of screw holes and wiring runs.. That sort of thing.. Plus with the massive cantilevered barrel and air bottle, a lot of design has gone into ensuring that the blaster can support it while surviving the crucible of war. Maybe 4 or 5 minor pieces are untouched. But it's not enough to just chuck in some HPA components - in the spirit of the FDL, it has to be teched out, fully configurable, and per my more recent builds, closed loop. This brings us to the crux of the matter, it has the following features:
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Dual profile settings
Ammo counter with reset on mag change
Tournament lock to cap the maximum air pressure
Auto jam detection / air out, and battery protection
The Evolution of Binary Options Regulation. Regulation is one of the most widely discussed issues amongst binary options traders, and often plays a key role in selecting a broker. For those new to the markets, it is used as a yardstick, a way to sort the wheat from the chaff when picking professionals to work with. A lot of brokers will refer to a business license as if it is the same thing as regulation, but it is not. Here are the regulated binary options brokers that we recommend: 24option: USA traders are not accepted. Licensed and regulated by CySEC, license #207/13. This was one of the first binary options brokers we ever recommended. While binary trading has become extremely popular during the last decade, many traders are still hesitant to make investments in this market as a result of fears relating to binary options regulation and the security encompassing options trading. In Cyprus, binary options brokers are regulated by the Cyprus Securities and Exchange Commission (CySEC). The CySEC is notoriously loose about its regulatory criteria, which is why most binary options brokers seeking regulation choose to go through the CySEC. Regulation in France. In France, binary options are neither illegal nor regulated. Some binary options brokers were banned by The French Financial Markets Authority (AMF – Autorité des marchés financiers) in the past. But at the moment the industry remains a gray area that is yet to become more established here.
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