RED List: Bloombex Options
- Bloombex Options
- Origin: Germany
- Type of Offerings: Binary Options
- RED List date: 08/21/2015
This entity operates outside the United States with no or limited U.S. presence.
It is soliciting and/or accepting funds from U.S. customers and offering a product within the CFTC's jurisdiction. A review by the Commission has revealed that this entity is acting in a capacity that appears to require registration, but it is not registered with the CFTC.
The inclusion of this entity's name on the RED List does not mean that the CFTC or a court has concluded that a violation of any provision of the Commodity Exchange Act or the Commission's regulations has occurred.
Even if the entity you are considering is not on the RED List, always check to see if it is registered with the CFTC before opening an account or paying any money.
Generally, entities that solicit you to trade are required to register with the CFTC. If a foreign entity is registered with the Commission, then it is subject to the same regulations and oversight that apply to U.S. registrants.
You may have little or no protections if you choose to trade with unregistered firms that operate outside the United States.
If an unregistered entity solicits you, exercise extreme caution, and watch for the RED flags of fraud. (Although registration offers many protections, it is no guarantee against fraud or mismanagement.)
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The RED List is developed from tips and leads from the public or other sources. Help us protect other traders. If you have a RED List lead, send us the web address.
If you believe you have been a victim of fraud, submit a tip the CFTC.