SEC Launches Spanish Language Investor Education Website and Other Resources
FOR IMMEDIATE RELEASE
Washington, D.C., October 19, 2001 The Securities and Exchange Commission today launched a Spanish language section of the SEC website and other investor education resources in an effort to reach out to America's fastest growing demographic group.
The new website will describe the role of the SEC and how it protects investors. It will include Spanish translations of the Commission's most popular brochures on investing wisely and avoiding fraud. The website will also link to Spanish language investor education resources offered by other government agencies and industry organizations.
The SEC has also established an e-mail address for Spanish-speaking investors who have questions or complaints about the securities industry. Investors who send e-mails in Spanish to email@example.com will receive a response in Spanish from the SEC with the help of a translation service. "Ayuda" means "help" in Spanish.
"As the Hispanic population in the United States continues to grow, the Commission and its staff believe that it is important to respond with additional Spanish language resources," SEC Chairman Harvey L. Pitt said. "Our agency wants to help preclude language barriers from separating investors from reliable information about saving and investing wisely."
Recent census data shows that the Hispanic population in the United States has increased by more than 50 percent since 1990, compared with an increase of only 13.2 percent for the total U.S. population. According to projections, Hispanics will account for the majority of the nation's population growth for the next 50 years.
Investors can access the Spanish language information by visiting the SEC's Website at www.sec.gov and then clicking on "Informacion en Espaņol." The SEC has also updated its toll-free 800 number (1-800-732-0330) to provide information for Spanish-speaking Americans who lack Internet access.