ÐÓ°ÉÂÛ̳has 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. ÐÓ°ÉÂÛ̳supports ASIC's proposal to extend the ban on the sale and distribution of binary options to retail clients until 1 October 2031.
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