October 22, 2009
The new SEC investor education site, Investor.gov, provides easy links to check the registration status of broker advisors, felony charges convistions, as well as links to some basic tools and calculators.
However, I am disappointed to see virtually nothing on corporate governance. Shouldn't the SEC be stressing the responsibilities of ownersship, not just consumer protection? Investors aren't buying asprin they're buying into businesses and should think of themselves as something more like partners than customers.
The SEC should also cover the shareowner's responsibilities and where to find resources to help them vote in corporate elections.