Recently, the North American Securities Administrators Association (NASAA) updated and expanded its 2015 advisory warning investors about online binary option schemes. NASAA offers the following explanation of "binary options":
Binary Options And Securities Regulation
Posted on September 25, 2017
Making A List Of Securities And Checking It Twice
Posted on January 05, 2017
California Corporations Code Section 25019 defines "security" not by saying what a security is but by providing examples of numerous types of securities. In this respect, Section 25019 is reminiscent of Section 2(a)(1) of the Securities Act of 1933....
