Investor Newsletter


February 5, 2020

Upcoming Investor Events

Tax Identity Theft Awareness Week

The Federal Trade Commission (FTC) established an online resource hub for Tax Identity Theft Awareness Week, set for February 3 to February 7, 2020, to educate consumers on protecting themselves from tax identify theft and how to handle potential issues. The resource hub contains blog posts, webinar information and other identity theft-related resources.

National Consumer Protection Week

The Federal Trade Commission's (FTC) National Consumer Protection Week (NCPW) will take place from March 1 to March 7, 2020, with the goal of educating consumers on their rights and on making well-informed money decisions. To support this initiative, the FTC has free resources available for order and encourages the investing public to subscribe to its consumer alerts.

TradersEXPO New York

This year's TradersEXPO New York takes place from March 7 to March 9, 2020, at the New York Marriott at the Brooklyn Bridge in Brooklyn, New York. The Traders Expo offers industry professionals an opportunity to meet with, learn from, and ask specific questions to investment experts from around the world. NFA staff will be present at the Expo to provide information on identifying warning signs of investment fraud and conducting due diligence. Attendees are welcome to stop by NFA's booth, ask questions, and pick up NFA's educational resources.

Investor Education

Podcast: Real Life Regulators

The North American Securities Administrators Association (NASAA) recently launched a podcast entitled "Real Life Regulators." The program, produced by the NASAA Investor Education Section, features actual fraud cases and shows how the criminals were brought to justice. Presented in a true crime style, hosts dig into files from state and provincial securities regulators, revealing key details that investigators look for.

Reminder: NFA's Redesigned BASIC System

NFA launched its redesigned BASIC system, a free tool that NFA Members and investors can use to research the background of derivatives industry professionals, in August. One of the most frequently used systems on NFA's website, BASIC contains current and historical CFTC registration and NFA membership information, FCM Members' financial data and NFA, CFTC and Exchange-contributed regulatory actions, among other information. The redesigned BASIC system was developed based on feedback from NFA Members, investors and other BASIC users and incorporates enhanced search functionality, mobile responsiveness and a modern, streamlined user interface.

Investor Alert: Keeping an Eye on your Brokerage Account Statements

A joint alert from FINRA, North American Securities Association (NASAA) and Securities Investor Protection Corp. (SIPC) recommends investors review their brokerage account statements monthly or quarterly as a way of protecting their investment portfolios. The alert explains what to do if something on a statement doesn't look right, when investors should consider sending written communication to a firm, and when investors should consider contacting a regulator.

Information is courtesy of a joint alert issued by FINRA, NASAA and SIPC.