Brokers and Advisers
Feb. 14, 2012
Check Out Brokers and Advisers
Federal or state securities laws require brokers, advisers, and their firms to be registered or licensed and to make important information available to the public. However, it's up to investors to find that information and use it to protect their investment dollars. The good news is that this information is easy to get, and one phone call may save you from sending your money to a con artist, a dishonest broker, or disreputable firm.
Before you invest, check to see if the broker, investment adviser or investment adviser representative has had run-ins with regulators or other investors. You also should check to make sure they are registered or licensed.
You can learn how to check out your broker or adviser by reading Check Out Brokers and Advisers.