CFTC Orders Event-Based Binary Options Markets Operator To Pay $1.4 Million Penalty
<p><span>The Commodity Futures Trading Commission today entered an order filing and simultaneously settling charges against Delaware-registered </span><span>Blockratize, Inc. d/b/a Polymarket, </span><span>based in New York City,</span><span> </span><span>for offering off-exchange event-based binary options contracts and failure to obtain designation as a designated contract market (DCM) or registration as a swap execution facility (SEF).</span></p>
Source: mondovisione.com