Investor Newsletter

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March 28, 2019


Investor Education

Top Reported Frauds of 2018

In 2018, the Federal Trade Commission (FTC) collected more than 1.4 million fraud reports—the top reports related to:

  • Imposter scams,
  • Debt collection, and
  • Identity theft.

Read key takeaways from these fraud reports and find out what happened in each state.

Additionally, the FTC released an article focusing on imposter scams, the top reported complaint of 2018.

"Fraudsters operating government imposter scams falsely claim to be from the Internal Revenue Service, Social Security Administration, or another government agency to get people to turn over money or personal information."


Essential Investor Tips for 2019

FINRA shares nine tips to invest with confidence. Learn about the importance of:

  • Retirement savings,
  • Emergency funds,
  • Due diligence, and more.


Perform Background Checks as Part of Due Diligence

Performing a background check is an essential step in the due diligence process. NFA offers BASIC, a free resource that provides important background information about firms and professionals in the derivatives industry. Additionally, FINRA offers BrokerCheck, a similar free tool to research the background and experience of financial brokers, advisers and firms in the securities industry.


Upcoming Investor Events

Webinar: Avoiding Fraud is Your Best Money Strategy

This April, NFA will again participate in the Federal Reserve Bank of Chicago's Money Smart Week, which runs from Saturday, March 30, 2019 through Saturday, April 6, 2019. This national initiative is dedicated to promoting financial literacy and education through events and workshops.

As part of Money Smart Week, NFA will host a free webinar on Thursday, April 4, 2019 at 11:00 a.m. CT/12:00 p.m. ET. The one-hour webinar will include presentations by the U.S. Commodity Futures Trading Commission (CFTC), Office of Customer Education and Outreach, the U.S. Securities and Exchange Commission (SEC), Office of Investor Education and Advocacy, and the FINRA Investor Education Foundation.

During the webinar, experts from each agency will provide attendees with tools to help them conduct due diligence and identify warning signs of investment fraud.

Chicago: Financial Regulators Fair

Additionally, on Thursday, April 4, 2019 from 10:00 a.m. to 2:00 p.m. CT, NFA will join regulatory and enforcement agencies at the Financial Regulators Fair at the State of Illinois Building in Chicago, Ill. Participating organizations will distribute information on financial protection and investing, among other topics.