Scam Avoidance: NASAA Identifies 2009’s Top Investor Traps
With investors under pressure from the struggling economy, North American Securities Administrators Association (NASAA) reminds investors to take stock of their financial education and arm themselves with the knowledge to sidestep “investor traps.”
Many of the traps identified by NASAA’s Enforcement Trends Project Group promise high returns to cash-strapped investors but provide little if any disclosure of risks and offer high commissions to aggressive sales forces.
...To continue reading this article you must be registered with AAII.
Already registered with AAII? Login to read the rest of this article.
to read this article and receive access to future AAII.com articles.