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Volume: 6 Issue: 4
(April 2012)
Keywords:
israel
israel
licenses
regulates
online
financial
trading
online
financial
trading
israel
regulated
law
puts
customers
risk
trading
unregulated
unsupervised
Israel: Israel licenses and regulates online financial trading
Online financial trading in Israel is not regulated by any law, which puts customers at risk of trading with unregulated and unsupervised operators. As the number of online financial services has grown significantly over the last few years, calls for regulation have been growing and in 2010 a law was approved by the Israeli Parliament. Although the legislation has not come into force yet, Dotan Baruch, Partner at Barnea & Co, discusses the proposed regulations.
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