What is Banc De Binary?

Banc de Binary’s website first appeared online in about 2010. In the same year, a man by the name of Oren Shabat registered the Israeli firm E.T. Binary Options Ltd., an Israeli company that operated a call center and managed Banc de Binary.

Did Banc De Binary violate CFTC regulations?

On June 6, 2013, Banc De Binary was charged by both the Commodity Futures Trading Commission and the Securities and Exchange Commission for alleged violations of U.S. financial regulations. The CFTC warned more generally of "fraudulent schemes involving binary options and their trading platforms".

Who is Banc De Binary CEO Oren Laurent?

According to an advertisement for Banc De Binary, its CEO Oren Laurent was a founder of SpotOption, the firm that set the option prices. In January 2017, Option.fm, a brand associated with Banc De Binary, was named by BuzzFeed as the operator of a bizarre scam known as the "Hawking code".

What factors lowered Banc De Binary's rating?

Factors that lowered the rating for Banc De Binary include: 31 complaints filed against business Failure to respond to 9 complaints filed against business ^ "Public Alert: Unregistered Soliciting Entities". Securities and Exchange Commission. Archived from the original on 2013-02-23. Retrieved 15 October 2012. ^ "Investors Warning List".