On Monday, April 5th, the SEC’s Office of Investor Education and Advocacy (OIEA) made an announcement in line with National Financial Capability Month to encourage investors to take the time to visit Investor.gov and utilize an array of resources to become educated about investing. These efforts are intended for all investors but are especially targeted at investors who are new to investing. April has been highlighted by the US federal government as National Financial Capability Month in order to promote the value of high-quality financial education as a means to enrich American lives.
OIEA would like to remind investors of the following resources:
An investor alert detailing the dangers of investing in social media-based “hot stocks”.
An investor alert discussing why investors should not to make investment decisions related to SPACs based only on celebrity involvement.
As a member of the Financial Literacy and Education Commission, which sets strategic direction for policy, education, practice, research, and coordination, the SEC encourages all investors to use the tools available to make informed financial decisions.