FINRA Provides Online Anti-Fraud Tools
John Merchant, CPA
The Financial Industry Regulatory Authority (FINRA), the largest independent regulator for securities firms doing business in the United States, is providing two new online tools for investors. The Scam Meter helps investors determine whether a potential investment may be too good to be true. The Risk Meter helps investors determine whether they share behavioral traits with people who have been found susceptible to fraud. FINRA has also issued an alert called Avoiding Investment Schemes to provide information on commonly used tactics in investment fraud.
For more information, visit http://www.finra.org/Newsroom/NewsReleases/2009/P118028.
