The Canadian Securities Administration (CSA) – the body unifying all regional financial markets and services regulator – has published for comment a “National Instrument” intending to ban trading in binary options altogether. (https://smnweekly.com/2017/04/27/canada-set-to-ban-binary-options-altogether/) The document, entitled “Prohibition of Binary Options” would prohibit advertising, offering, selling or otherwise trading a binary option to an individual. The organization encourages comments by May 29, 2017. Currently binary options are not explicitly forbidden in Canada, but the brokers offering trading in such instruments must be regulated by the respective provincial financial watchdog.