FCA has opened consultation on rules to bring binary options under its supervision
Financial Conduct Authority (FCA) launched on Tuesday a public
consultation on changes to binary options regulations that
would see these products fall under the supervision of the
The proposals would see
binary options classified as financial rather than gambling
products meaning the FCA, run by Martin Wheatley, would
takeover supervision from the Gambling Commission, bringing the
UK into line with most other European countries.
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