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Banc De Binary has to pay $11m to settle with CFTC

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The binary broker Banc De Binary has reached an $11 million settlement with US authorities after several years of investigations over it illegally providing binary options trading to US customers.

Following a multi-year investigation a number of charges hit Banc De Binary from the CFTC in 2013, and now the company has reached a settlement with US authorities agreeing to pay $7.1 million in restitution and disgorgement, $2 million in civil penalties to the CFTC, and $1.95 million in civil penalties to the US SEC.

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sazzadrana83's picture

i know that banc de binary are not support in usa,

sazzadrana83