Investor Newsletter
October 24, 2022
Investor Education
Webinar: Digital Assets and Customer Protection: Answering Common Questions
The International Organization of Securities Commission's (IOSCO) sixth annual World Investor Week (WIW) was a week-long, global campaign to raise awareness about the importance of investor education and protection. WIW 2022 took place from Monday, October 3 through Sunday, October 9.
As part of WIW, NFA and the Commodity Futures Trading Commission (CFTC) held a free webinar entitled Digital Assets and Customer Protection: Answering Common Questions on October 4. This webinar covered the key messages of WIW, including:
- Understanding the risks that are associated with crypto assets;
- Conducting due diligence when considering any investment opportunity; and
- Recognizing the warning signs of investment fraud.
Investor Bulletin: World Investor Week 2022
For World Investor Week 2022, the Securities & Exchange Commission's (SEC) Office of Investor Education and Advocacy, the CFTC, the Financial Industry Regulatory Authority (FINRA), NFA and the North American Securities Administrators Association (NASAA) published an investor bulletin offering five tips to increase your resilience as an investor.
Investor Protection
Investor Alert: Social Media and Investment Fraud
Social media allows fraudsters to contact many people quickly, cheaply and without much effort. The SEC's recent Investor Alert advises the public to be skeptical online and details a variety of social media schemes used to lure in victims.
Information courtesy of the SEC
Informed Investor Advisory: Finfluencers
Social media has become more saturated with financial content than ever before, leading to the rise of the financial influencer or “finfluencer.” NASAA's recent Informed Investor Advisory explains what financial influencers are, how they are compensated, what you should keep in mind when you are exposed to financial influencers’ content, red flags to watch out for and resources available to you.
Information courtesy of the NASAA
Recent Enforcement Actions
Complaints
- Empire Energy Group LLC. and Mark Stephen Fairchild
- Gain Capital Group LLC and Alexander Robert Bobinski Jr.
- VBI Company and Peter Mark Vanden Berge