The Israeli government’s failure to take action against snowballing fraud in the binary options industry has led to further repercussions: the governments of Australia and Canada have issued warnings about 11 firms, most or all of which operate from Israel. On Wednesday, June 29, Canada’s Ontario Securities Commission issued new warnings against three binary options firms: OptionRidge, WinOptions and BigOption. All three operate from Israel.

Read the full article at The Times of Israel.