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Binary options broker Cedar Finance earns CySEC CIF license

From leaprate.com

LeapRate has learned that Cyprus-based binary options broker Cedar Finance has been granted a Cyprus Investment Firm (CIF) license to binary options broker Cedar Finance. The license was actually issued to Cedar Finance's parent company T.B.S.F. Best Strategy Finance Ltd. Cedar Finance runs on the Tradologic binary platform. Many (if not most) of the non-Japanese binary options brokers are based in Cyprus, and are scrambling to receive CySEC licensing after CySEC decided to regulate binary options. Although that decision was taken more than a year ago, CySEC has decided not to shut down unregulated brokers, as long ... (full story)

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