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The law will enable the securities authority to act in an unprecedented manner against those entities operating from Israel vis-a-vis clients abroad, by imposing civilian and criminal sanctions including imprisonment, he said.

The amendment to the countrys securities law received initial approval in parliament in June and will take effect in about three months. The law will enable the Finance Ministry to impose bans in the future on other financial assets if they are sold in a harmful manner, the securities broker pilihan binari fcai said.

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