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"Prime Bank" Investments

Sept. 18, 2000

If someone approaches you about investing in a so-called "prime bank" program, "prime World Bank" financial instrument, or similar sounding high-yield security, you should know that these investments do not exist. They are all scams. For more information about these bogus programs, visit the Division of Enforcement's Prime Bank Fraud Information Center.

We have provided this information as a service to investors.  It is neither a legal interpretation nor a statement of SEC policy.  If you have questions concerning the meaning or application of a particular law or rule, please consult with an attorney who specializes in securities law.

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