Australia targets binary options apps

first_img Share this article and your comments with peers on social media Australian regulators report that they have found hundreds of mobile apps from unregistered firms and individuals, many of them offering binary options trading. The Australian Securities and Investments Commission (ASIC) reports that its review of various mobile app stores, such as those operated by Apple Inc. and Google, found more than 330 apps that are being offered by unlicensed providers. Almost two-thirds of those (63%) are from binary options issuers, and aim to facilitate trading these highly risky instruments. Facebook LinkedIn Twitter Related news OSC sanctions binary options enabler Australian court finds against binary options firmcenter_img Aussies join binary options ban The ASIC reports that many of the apps contain apparently misleading statements about the profitability of trading. Most do not outline the risks of trading binary options, and some apps from brokers create the impression that they are the issuer of binary options. Many did not disclose referral fees. Some purported educational apps were merely collecting personal information to be used for high-pressure cold calling. The ASIC says that Apple and Google quickly removed the apps that it identified from their respective app stores, and that Apple has now banned apps that facilitate binary options trading. “This is a timely reminder for investors to remain vigilant and not fall for flashy advertising or hard selling,” ASIC commissioner Cathie Armour said in a statement. “Investors also need to make sure any financial service provider, regardless of the way that financial service is being provided, is adequately licensed and authorized to provide those services. “In an age where technology can hide who is offering and controlling a product, ‘buyer beware’ has never been so important,” Armour added. “If something appears too good to be true, it probably is.” Canadian regulators have been targeting binary options trading scams, warning investors and trying to cut off their ability to advertise to prospective victims online. Keywords Binary optionsCompanies Australian Securities and Investments Commission James Langton last_img read more

New trains are flagged off by PM Narendra Modi but what about old trains specially passenger ???

first_imgRecently respected PM Narendra Modi flagged off 8 trains at the same time for same destination but they have forgot to restart old trains specially passenger trains which were stopped due to COVID-19. People know the real value of trains who were traveling from one place to another for their jobs, business and other purposes. Even people are loosing lots of money by travel in buses and other modes of traveling. In this critical situation lots of people have lost their jobs due to high travel expenses in buses.This time buses are earning good revenue due to increased passengers but travel in buses is not a peace of cake but people are traveling because they are helpless they do not have any other option and it dose not mean that if people are traveling by bus they are safe from corona virus although they are following all the rules and regulations to prevent themselves from covid-19, bus authorities are not taking covid-19 seriously and the crowd in buses is worth seeing, for example if bus is 50 seated there are about 80 to 90 passengers in a single bus which is quite risky and chances of spreading corona virus are more dominant. Apart from it females and children are facing many problems while traveling in buses due to over crowd and no facility of toilet. Even females are facing sexual harassment but due to their exigencies and crowd they are helpless.Travel in buses is more dangerous than travel in trains. There must be a penalty on bus authority if a single standing passenger is found in bus while traveling and more buses start to provide best services to payers. Govt. is giving nod to new trains instead of restarting old trains, Govt. should not to rush for tourism first, after all haste makes waste so they should restart all the old trains with all covid-19 measures as soon as possible.last_img read more

On The Job In Los Alamos: Troy Fernandez Addresses Those Who Provide Emotional Support To Others

first_imgOn the job in Los Alamos is Troy Fernandez, LISW, left, speaking about self care during a meeting Tuesday at the Los Alamos County Fire Administration Office. Fernandez shared practical information with members of the Los Alamos County Chaplain Corps and Los Alamos National Laboratory Behavioral Health Response Team on how to monitor personal well being and make self care a priority for those who provide emotional support to others through their work or volunteerism. Photo by Jenn Bartram/ladailypost.comlast_img read more

Texas leading rusher Foreman to have finger surgery

first_imgAUSTIN, Texas (AP) — Texas tailback and leader rusher D’Onta Foreman will have surgery on his right pinkie and his status is uncertain for the Longhorns’ next game against Texas Tech on Thanksgiving, coach Charlie Strong said Wednesday.Foreman has 681 yards this season and averages 7.2 yards per carry for Texas (4-6, 3-4 Big 12). He was injured in the second half of last week’s loss at West Virginia. The Longhorns must win their final two games to automatically qualify for a bowl in Strong’s second season.Strong also denied speculation that he could be interested in the vacant head coaching job at Miami. His name has repeatedly surfaced because of his ties to the state of Florida in previous stints at the University of Florida.Strong is 10-13 in two years at Texas.“I have to be successful here,” Strong said.last_img read more