Established by law in 1968, the Israel Securities Authority sees its mandate as a way to ensure an efficient capital market based on transparency and fairness.

On December 1, 1953, official trading began on the Tel Aviv Stock Exchange (TASE).

[11] Natan Sharansky, head of the Jewish Agency, expressed dismay at the binary options scandal which he called repugnant, describing the industry as one which 'uses immoral methods to entice innocent victims'.

[12] The chair of the ISA, Professor Shmuel Hauser, also expressed his shame and disgust at the frauds and says they are working on it.

[13] In October 2017, the law was passed by the Knesset to forbid offering of binary options trading services to foreign customers.

[14] In 2015–2017, following the collapse of alleged Ponzi schemes, namely Hilik Tapiro's Or Fund and Amir Bramly's Kela Fund, and a boom in unregulated activity due to harsh regulation on the one hand and the low interest rate on the other, the ISA has taken steps to prevent unregulated offerings to the public.