Jason Hartman talks with Dan Rutherford, deputy director for the Office of Customer Education and Outreach with the US Commodity Futures Trading Commission, about some incidences of fraud in options trading that his office is seeing, and what signs you can look for to make sure you're not scammed. The rise in prominence of cryptocurrencies has brought plenty of scam artists into the arena, and they're currently focusing education on binary options.
Key Takeaways:
[3:06] What kind of fraud is going on in options?
[7:15] The main things you should be watching out for to recognize a scam
[12:53] There's a whole lot more education on cryptocurrencies needed in the general public
[15:47] Some tips to avoid fraud and how to help out others who may be being taken advantage of
Website:
www.SmartCheck.gov
American Monetary Association