Action against Respondent, the principal of a binary-options issuer, for alleged registration failures.  According to the CFTC, Respondent solicited and accepted orders for foreign-currency binary options on an unregistered trading platform.  The CFTC has reserved decision on monetary sanctions pending Respondents’ fulfillment of their cooperation agreements with the CFTC.  Respondent has agreed to pay a civil penalty of $200,000 and to trading and solicitation bars.

CFTC Order

CFTC Press Release