Protecting yourself from financial fraud should be a consideration for any and every American saver and investor. Unfortunately, a minority of financial advisors fail to practice the profession’s high ethical standards. Certified Financial Planner (CFP) Board wrote the “Consumer Guide to Financial Self-Defense” to provide consumers with more information on how to spot “red flags” [...]
Could you spot investment fraud if it came across your desk? The North American Securities Administrators Association (NASAA) and the Canadian Securities Administrators created a 12-question quiz to help you identify your vulnerability to fraud.
No one likes to be lied to, or, even worse, become the victim of a scam. Unfortunately, there is not a fail-safe formula to determine whether what seems to be a deal is really just that or a malicious swindle that could leave you financially distraught. However, the Financial Industry Regulatory Authority (FINRA) created a “Scam Meter” [...]
Are you curious about the background of your financial advisor or brokerage firm? Don’t assume finding a dependable advisor is a shot in the dark, use the U.S. Securities and Exchange Commission’s Investment Adviser Public Disclosure website to develop a more informed opinion. This tool enables you to search for investment adviser firms, an individual [...]