SEC officials tout benefits of World Investment Week

0
9

Securities and Exchange Commission (SEC) officials said imploring individuals to invest early to save for the future, imparting information on choosing an investment professional and diversification will highlight World Investor Week.

© Shutterstock

Through Oct. 7, SEC staff would participate in more than 50 events around the country in accordance with the International Organization of Securities Commissions (IOSCO) promoted endeavor uniting regulators on six continents to raise awareness about the importance of investor education and protection.

“Understanding saving and investing basics such as starting early, understanding basic financial concepts, doing your research and asking questions is a proven formula to make smart investment decisions,” SEC Chairman Jay Clayton said. “If you’re thinking about working with an investment professional, make sure you ask my favorite question, ‘How much of my money will go to work for me?’ The answer may help you decide which investment professional is right for you.”

The SEC’s Office of Investor Education and Advocacy (OIEA) has issued a joint Investor Bulletin with the CFTC, FINRA, and the North American Securities Administrators Association (NASAA) as a means of promoting critical messages regarding the topic.

“World Investor Week provides an excellent opportunity to shine light on the valuable tools and information available on Investor.gov to help America’s investors create a saving and investing plan to achieve their financial goals,” Lori Schock, director of the SEC’s Office of Investor Education and Advocacy, said. “Making sure you’re dealing with a registered investment professional by doing a background check on Investor.gov is a great first step toward protecting your investments.”

The post SEC officials tout benefits of World Investment Week appeared first on Financial Regulation News.