"...The CFTC acknowledges the Securities and Exchange Commission, the United Kingdom Financial Conduct Authority, and the Cyprus Securities and Exchange Commission for their assistance in the investigation of Banc de Binary..."
I want to ask, this is important:
Isn't Banc de Binary operates as a completely independent website and not included in the scheme of "White Label" Program SpotOption family?
CySec know about this scheme, issued by CySec license !
///////SpotOption will give more details about the Binary Options regulation at the IFX Expo, in Cyprus this week.
Some of the well know brands with SpotOption include Banc de Binary, iOption, DragonOptions, IkkoTrader, TradeRush and many more.
S.O. SpotOption Receives the First CySEC License
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May, 2012 - a Leading Binary Options platform provider, SpotOption''s affiliate company, S.O.SpotOption, has now officially become the only market maker (S.O. SpotOption) regulated by the Cyprus Securities and Exchange Commission....As a result, the CySEC deemed binary options as financial instruments falling under the scope of Law 144(I)2007 and recently announced that the industry is, in fact, is regulated.
Thus S.O.SpotOption was created, and as the only regulated market maker, S.O.SpotOption is considered a Cyprus Investment Firm (CIF), which means that they may enter into collaboration with other companies (white label) under their license.
“This is a major breakthrough in the industry,” says Pini Peter, founder of SpotOption. “We've worked long and hard to help get binary options the regulations it deserves, and we're proud of S.O.SpotOption''s creation to be a market making investment firm. Our clients deserve to work lawfully, legitimately, and safely, and I saw it as our obligation to make that happen for them.”
SpotOption | S.O.SpotOption Receives First Binary Options Market Maker License
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SpotOption is currently the only Binary Options platform provider, that can offer THE COMPLETE SOLUTION to licensed entities via a collaboration with SpotOption Exchange. Brokers can receive the technological platform from SpotOption Ltd., and the Binary Options liquidity from SpotOption Exchange.
This collaboration is all you need to offer Binary Options securely and successfully as a regulated broker!
SpotOption Exchange is the first licensed market making investment firm in EU, enabling Binary options trading. Headquartered in Limassol, Cyprus, SpotOption Exchange obtained its license in May, 2012, and is regulated by CySec under license number 170/12.
SpotOption | Regulation
S.O.SpotOption's main services and option pricing models include:
Market Making,
Risk Management/Complaints,
Liquidity Providing
sospotoption | sospotoptionsospotoption | sospotoption
Services - sospotoptionsospotoption
On some sites, the production of SpotOption, I met a link to this mechanism and the license, for example here:
TERMS & CONDITIONS | Capital Option
, and some (Banc de Binary) not.