New Brunswickers are being
warned to watch out for a new kind of investment in the binary options
market.
Binary options are similar to bets on whether an asset will increase or decrease in value in a fixed, and often very short, period.
They're sometimes referred to as "all or nothing" options." People who buy these options--which are often hawked through ads, email, social media or over the phone--are not protected by New Brunswick securities laws. Buying them may put any money invested at significant risk.
If you've been approached by a company offering these types of investments, you're encouraged to contact the commission immediately. For more details, click here
Binary options are similar to bets on whether an asset will increase or decrease in value in a fixed, and often very short, period.
They're sometimes referred to as "all or nothing" options." People who buy these options--which are often hawked through ads, email, social media or over the phone--are not protected by New Brunswick securities laws. Buying them may put any money invested at significant risk.
If you've been approached by a company offering these types of investments, you're encouraged to contact the commission immediately. For more details, click here