This month, the SEC issued an Investor Alert relating to fraudulent newsletters. The SEC warned the investing public to be wary of fraudulent newsletters and advised investors to investigate newsletters by reading them carefully in regards to compensation and to keep an eye out for red flags including: no disclosures, vague disclosures, and buried disclosures. The SEC’s ongoing focus on newsletters deems it more important than ever that financial services professionals ensure that any publicly disseminated materials are accurate and contain appropriate disclosures. Please give us a call if you have any questions.
The SEC Issues an Investor Alert Regarding Fraudulent Investment Newsletters
On behalf of Lewitas Hyman PC | Jun 20, 2014 | Firm News, Securities and Compliance
