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Investor Alerts

Investor Alerts

FINRA is issuing this alert to inform brokerage account holders, family members and other beneficiaries about inherited IRAs. We also provide tips for making the IRA inheritance process as efficient and trouble-free as possible.

It's an alluring offer. You hear from someone who claims to be able to help you recover money you lost from a previous investment. The information sounds credible and the organization sounds legitimate. FINRA is issuing this alert to warn investors, particularly investors who live outside the U.S., that offers to recover money lost from securities investments may be fraudulent.

FINRA has received a number of calls from individuals who have received unexpected checks that purport to be issued by FINRA. The checks are counterfeit, and may arrive by special delivery and require a recipient’s signature. The arrival of these checks may be linked to job search scams, though callers note that there is no direct reference to a job search relationship accompanying the mailing—just a check. We are updating and reissuing this alert to reiterate the risks to cashing unexpected checks and offer tips to avoid being a check scam victim.

FINRA is issuing this alert to inform you about order types commonly available when you buy or sell securities. Understanding the benefits and risks of various types of orders can help you avoid unintended losses and better ensure your trades are executed in a timely manner and at a price with which you are comfortable.

Boiler room-style calls are characterized by high pressure sales pitches from people who call you out of the blue, working from a list or simply dialing from a phone book. FINRA is issuing this alert because we have seen an increase in aggressive calls touting the next hot stock. Callers tend to target seniors, and have been all-too successful in conning people of all ages into buying penny stocks and other speculative investments.

The vote by Britain to leave the European Union was quickly felt the world over, creating market uncertainty and spiking volatility. We are re-issuing this Investor Alert to outline the different types of market risks your investments may be exposed to and to describe steps you can take to minimize or manage those risks.

Investors who need cash—or who want to tap the value of their portfolios without selling their investments—might be tempted to apply for a "stock-based loan," pledging fully paid securities as collateral for the loan. FINRA is issuing this Alert to educate investors about non-recourse stock-based loan programs, including risks and rewards and key questions to ask.

"Crowdfunding" generally refers to the use of the Internet by small businesses to raise capital through limited investments from a large number of investors. Under new rules effective May 16, 2016, the general public can invest in capital raising by start-up companies. This advisory is designed to help the public understand the crowdfunding rules and processes so they can make informed decisions about the risks and rewards of investing in these early-stage businesses.

FINRA is reissuing this Alert because of concern—reflected in a recent enforcement action—that some investors may be the recipients of misleading information regarding certain public non-traded REITS. Some investors may also receive recommendations to purchase these products without adequate investigation by the firm or individual broker to determine whether these or similar investments are suitable.

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