January 11, 2018
Futures Fundamentals: An industry-wide education initiative
In October 2017, NFA collaborated with CME Group, FIA and the Institute for Financial Markets (IFM) to launch Futures Fundamentals, a one-stop educational resource designed to simplify and explain complex market topics.
Through interactive features and rich content, the website explains the role of the futures markets in everyday life and provides information on the derivatives industry. Futures Fundamentals is the driving force in an industry-wide effort to provide risk management education to learners at all levels.
Investor Advisories: Virtual currencies including bitcoin
Just like any other speculative investment, trading futures on virtual currencies, including bitcoin, has certain benefits and various risks. While futures on virtual currencies must be traded on regulated futures exchanges, trading these products involves a high level of risk and may not be suitable for all investors. NFA recently issued an investor advisory to encourage investors who are considering trading virtual currency futures to educate themselves about these products, understand their risks, and conduct due diligence before making investment decisions. Investor protection begins with investor education.
In addition, the CFTC offers a number of resources for regarding virtual currencies including:
- Virtual Currency Podcast: A roundtable discussion with CFTC leaders on bitcoin.
- CFTC Backgrounder on Self-Certified Contracts for Bitcoin Products: A fact sheet that outlines the self-certification process of the CFTC, as well as the CFTC's role in the oversight of virtual currencies.
- Customer Advisory: Understand the Risks of Virtual Currency Trading: A customer advisory designed to inform the public of possible risks associated with investing or speculating in virtual currencies or recently launched bitcoin futures and options.
SEC Investor Alert: Beware of Paid-To-Click (PTC) Scams
This content was written and provided by the US Securities and Exchange Commission's Office of Investor Education and Advocacy.
The SEC’s Office of Investor Education and Advocacy recently issued an Investor Alert to warn investors about investment scams conducted through online paid-to-click (PTC) programs.
Getting paid to click on online ads may sound like an easy way to make money, but can also result in losing money. Online PTC programs often promise investors a share of the program’s profits in exchange for paying an upfront fee or buying products. For example, a PTC program may claim you can share in its profits if you buy “ad packs” or other advertising products. These PTC programs might promise you advertising services such as displaying your ads on their networks or guaranteeing traffic to your website if you become a member or buy their ad packs. They might even promise to share their profits with investors who have nothing to advertise.
Before you purchase a membership or any advertising product from a PTC program, be aware that some PTC programs may be scams. Don’t let your guard down just because a PTC program claims is it not an investment scheme.
Upcoming Investor Events
Traders Expo 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 will be located at Booth #314.
Attendees are welcome to stop by, ask questions, and pick up NFA's educational resources.
National Consumer Protection Week: March 4 – 10
NFA is proud to once again participate as part of the steering committee during the 2018 National Consumer Protection Week (NCPW), taking place from Sunday, March 4 to Saturday, March 10. NCPW promotes the importance of consumer education.
Steering committee members, partners and local organizations are gearing up to provide a wealth of information to consumers related to identity theft and privacy protection, smart investing techniques, and how to avoid scams, among other topics.
Money Smart Week 2018
This year, NFA will be celebrating its 11th year of participation in the Federal Reserve Bank of Chicago's Money Smart Week (MSW). NFA has participated in more than approximately 20 MSW events since first joining the initiative.
The week-long program—which runs from Saturday, April 21 until Saturday, April 28, 2018—is a national effort dedicated to promoting financial literacy and education. Events and workshops will focus on topics such as:
- Identity Theft
- Investment and Financial Fraud Scams
- Investing and Wealth Building
- Retirement Planning
- Credit and Debt Management
For more information about NFA's participation in MSW, look out for the upcoming edition of NFA's Investor Newsletter in April.