 In January 2018, the parliamentary decision has been upheld in the Supreme Court of Israel.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.These including warning the public of risks and prohibiting publication of financial details, including expected return, on any unregulated investment without issuing a prospectus.