SEC Promotes Investor Awareness During National Financial Capability Month

The Securities and Exchange Commission’s Office of Investor Education and Advocacy (OIEA) is embracing National Financial Capability Month as an opportunity to encourage all investors, especially first-timers or those relatively new to investing, to take the time to visit Investor.gov and utilize an array of resources to help them get acclimated. “It’s great to see new investors participating in our capital markets, and it’s important to make sure they’re armed with the tools they need to make wise investment decisions,” said SEC Acting Chair Allison Herren Lee. “Identifying financial goals and creating a plan for the long term will help investors build a strong financial future.” Among some of the SEC’s latest resources to teach the importance of financial literacy and provide tips on how to avoid becoming a victim of investment fraud: An investor alert explaining the detrimental effects of investing in the latest “hot stock” based on social media.