More than one-third of the investment companies on the “red...

More than one-third of the investment companies on the “red list” of the US Commodity Futures Trading Commission (CFTC) for illegally soliciting US customers are operating from Israel.

The red list of the CFTC — an independent US government agency that regulates futures and option markets and protects US investors — warns about foreign entities that are operating in the US by soliciting through the Internet without having registered with US regulators, a CFTC source told The Times of Israel. In other words, these entities are breaking US law and it is unlikely that they uphold regulations intended to protect US consumers.

http://www.timesofisrael.com/1-in-3-companies-blacklisted-by-us-commodities-watchdog-is-israeli/