In the past year we have seen many changes in the binary options markets. These changes in the past year of 2016 which soon be coming to an end tell us many things that we can see will happen in the foreseeable future regarding the regulation of binary options, which is becoming an important issue around the globe. We can see that regulators such as the U.S SEC and CFTC in the USA and CySEC in Europe and a about a dozen other regulators are working hard on bringing change to the market.
Regulation is Important in Any Market
Regulation in the binary options market, just like any other market, is important. Regulation makes sure that companies and businesses are complying to the guidelines written and ordered to them by law.
Regulation helps consumers stay safe from scams and from fraud and keeping consumers safe is of up most importance in any society and age. Today with the internet, technology, and globalization – we are seeing that any market can be regulated if the governing bodies are willing to do so.