{"id":1737,"date":"2015-11-02T13:31:35","date_gmt":"2015-11-02T13:31:35","guid":{"rendered":"https:\/\/www.stockbrokerfraudblog.com\/2015\/11\/finra_cautions_against_binary"},"modified":"2015-11-02T13:31:35","modified_gmt":"2015-11-02T13:31:35","slug":"finra-cautions-against-binary","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/finra-cautions-against-binary\/","title":{"rendered":"FINRA Cautions Against Binary Options and Their Risk of Fraud"},"content":{"rendered":"<p>\t\t\t\tThe Financial Industry Regulatory Authority has issued a warning about the risks involved with binary options trading. The alert comes in the wake of numerous calls the regulator has received through its Securities Helpline for Seniors \u2013 HELPS\u2122. According to callers, there are business entities claiming to be binary options trading firms that are failing to deposit investors&#8217; funds into their accounts, refusing to give investors back their money, or demanding a payment fee to make such a refund. One fraudster even purportedly pretended to be a regulator organization and demanded that investor pay money for taking part in an allegedly illegal binary options trading.<\/p>\n<p>FINRA wants investors to be especially careful of non-US companies that offer binary options trading platforms, especially trading applications with names implying easy wealth, as well as demo accounts that give users a chance to try binary potions tradings without risking assets. <\/p>\n<p>The self-regulatory organization said that these types of accounts may act as bait to get investors to ultimately fund a &#8220;real&#8221; account. Exposure to such accounts may also expose people to identity theft as they hand over personal information and other details.<br \/>\n <a href=\"https:\/\/www.investorlawyers.com\/blog\/finra-cautions-against-binary\/#more-1737\" class=\"more-link\">Continue Reading \u203a<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Financial Industry Regulatory Authority has issued a warning about the risks involved with binary options trading. The alert comes in the wake of numerous calls the regulator has received through its Securities Helpline for Seniors \u2013 HELPS\u2122. According to callers, there are business entities claiming to be binary options trading firms that are failing [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3739],"tags":[3558],"class_list":["post-1737","post","type-post","status-publish","format-standard","hentry","category-finra","tag-binary-options-trading"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>FINRA Cautions Against Binary Options and Their Risk of Fraud &#8212; Investor Lawyers Blog &#8212; November 2, 2015<\/title>\n<meta name=\"description\" content=\"The Financial Industry Regulatory Authority has issued a warning about the risks involved with binary options trading. The alert comes in the wake of &#8212; November 2, 2015\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.investorlawyers.com\/blog\/finra-cautions-against-binary\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"FINRA Cautions Against Binary Options and Their Risk of Fraud &#8212; Investor Lawyers Blog &#8212; November 2, 2015\" \/>\n<meta name=\"twitter:description\" content=\"The Financial Industry Regulatory Authority has issued a warning about the risks involved with binary options trading. The alert comes in the wake of &#8212; November 2, 2015\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shepherd Smith Edwards &amp; Kantas, LLP\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"FINRA Cautions Against Binary Options and Their Risk of Fraud &#8212; Investor Lawyers Blog &#8212; November 2, 2015","description":"The Financial Industry Regulatory Authority has issued a warning about the risks involved with binary options trading. 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The alert comes in the wake of &#8212; November 2, 2015","twitter_misc":{"Written by":"Shepherd Smith Edwards &amp; Kantas, LLP","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.investorlawyers.com\/blog\/finra-cautions-against-binary\/#article","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/finra-cautions-against-binary\/"},"author":{"name":"Shepherd Smith Edwards &amp; Kantas, LLP","@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"headline":"FINRA Cautions Against Binary Options and Their Risk of Fraud","datePublished":"2015-11-02T13:31:35+00:00","mainEntityOfPage":{"@id":"https:\/\/www.investorlawyers.com\/blog\/finra-cautions-against-binary\/"},"wordCount":376,"keywords":["binary options trading"],"articleSection":["FINRA"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.investorlawyers.com\/blog\/finra-cautions-against-binary\/","url":"https:\/\/www.investorlawyers.com\/blog\/finra-cautions-against-binary\/","name":"FINRA Cautions Against Binary Options and Their Risk of Fraud &#8212; Investor Lawyers Blog &#8212; November 2, 2015","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#website"},"datePublished":"2015-11-02T13:31:35+00:00","author":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"description":"The Financial Industry Regulatory Authority has issued a warning about the risks involved with binary options trading. 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