Published On: December 11, 2015

In a release put out by Secretary of State of Missouri, Jason Kander, he warns investors to be aware when it comes to binary option investments. A binary option contract is based on the investor’s prediction of an underlying security’s value at a predetermined date. With binary options, traders place trades based on whether they believe an underlying asset will be above or below a certain price at a certain time. They provide a way to trade markets with capped risk and capped profit potential based on a ‘yes’ or ‘no’ proposition. There are two possible options: the investor may receive a fixed amount of money for guessing correctly, or lose the entire investment for guessing incorrectly. Earlier this year, a London-based binary options investment scheme that targeted investors through email, a website and telemarketers was shut down. Investors in the scheme were instructed to transfer money via online credit card payments. Binary options are appealing to investors because they offer an easy-to-understand investment opportunity and a perceived low entry cost. Contracts can be executed for hourly, daily or weekly terms.

Disclaimer

The posting on this site are mere OPINIONS and NOT statements of fact in any way whatsoever. The information should not be relied upon and there have been no findings made against the firms or individuals referenced on this site. In addition, this Blog is made available for educational purposes only and incorporates information from the web as well as to give you general information and a general understanding of the law, not to provide specific legal advice. By using this blog site you understand that there is no attorney client relationship between you and Stoltmann Law Offices (161 N Clark Street 16th Floor Chicago, IL 60601). The Blog opinions should not be used as a substitute for competent legal advice from a licensed professional attorney in your state.

PLEASE NOTE THIS IS ADVERTISING AND IT IS NOT A NEWSPAPER ARTICLE OR POST FROM AN INDEPENDENT OR NON-BIASED, NEWS SITE, NEWS SOURCE OR NEWSPAPER.

Chicago Investment Fraud Attorneys Offering Nationwide Representation to Investors

If you have suffered financial losses because of the negligence or fraud of your financial advisor or broker through unsuitable investment recommendations, over-concentration, churning, misrepresenting risks, conversion or selling away, you have legal rights and options to pursue recovery of those losses.

Stoltman Law Securities and Investment Fraud Attorneys