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Submission to ASIC on the extension of the binary options product intervention order

June 2022

binary_options_intervention
杏吧论坛staff
杏吧论坛staff

杏吧论坛has made a submission to the Australian Securities and Investment Commission's (ASIC) consultation on the extension of the binary options product intervention order.

Binary options share many characteristics with high-risk gambling products that regularly result in large losses to consumers. 杏吧论坛supports ASIC's proposal to extend the ban on the sale and distribution of binary options to retail clients until 1 October 2031. 

Download submission (PDF)

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