Missouri News: Securities Division orders a halt to Binary Options Firms, Seeks Restitution for Missouri Investors



Jefferson City, MO – Missouri Secretary of State Jay Ashcroft’s Securities Division issued final orders against Glenridge Capital, Tropical Trade and Morgan Finances to cease and desist after the firms each sold unregistered, non-exempt binary options — risky, all-or-nothing wagers — to Missouri investors.

The orders also state that the three companies made untrue statements, omitted material facts or engaged in fraud.

The division earlier issued an order to cease and desist against the three companies. 

Continue reading Missouri News: Securities Division orders a halt to Binary Options Firms, Seeks Restitution for Missouri Investors at STL.News.



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