Investing

How to Spot and Beat Fraud in the Commodities Markets

The Commodity Futures Trading Commission (CFTC) is the federal government agency that regulates the commodity futures, commodity options, and swaps trading markets. There has been a sharp rise in trading fraud in recent years. Much of the fraud involves foreign currency trading, precious metals, and commodity pools. Following is information about these offers and simple ways to spot the ones that could be scams.

There are several signs of possible fraudulent sales pitch: Continue Reading >

Blog Topic: 
Investing, Scam Alerts

Things to Know if You Are About to Trade Commodities

The Commodity Futures Trading Commission (CFTC) is the federal government agency that regulates the commodity futures, commodity options, and swaps trading markets. To help fight fraud, Congress established the CFTC Customer Protection Fund in 2010 and the agency created an Office of Consumer Outreach in 2011. While most individuals do not trade in the commodities markets, the CFTC’s Office of Consumer Outreach has information for those that do.

Always follow these basic principles before you trade in the commodities markets: Continue Reading >

Blog Topic: 
Investing

Tax Time Is the Perfect Time to Save

This post is part of a series for National Consumer Protection Week

Filing taxes doesn’t have to be the worst. For some, tax time can offer an opportunity to set some money aside for goals or a rainy day. Continue Reading >

Outsmarting Investment Fraud

We've all heard it before: "If it sounds too good to be true, it probably is." But the trick is figuring out when "good" becomes "too good." Investment fraud criminals make their living by making themselves and their schemes sound legitimate. Continue Reading >

Blog Topic: 
Investing, Scam Alerts

Start Small, Think Big – Military Saves

If you’re a member of the military community – or you work with servicemembers and their families – you’ll want to know about Military Saves, a campaign to persuade military families to save money every month.  Managed by the Consumer Federation of America, Military Saves has been part of the Department of Defense’s Financial Readiness Campaign since 2003. While Military Saves is a year-round effort, DoD has designated this as Military Saves Week to bring extra attention to saving and financial readiness. Continue Reading >

NAACP Hosts Series of Financial Planning Workshops

Join the NAACP Washington, DC Branch for a series of financial management workshops on Saving & Investment, Retirement, Estate Planning and College Planning.  These workshops are free and open to the public. Continue Reading >

Are you up for the America Saves Challenge?

Saving money is a lot like losing weight: Setting a goal is the first step. Staying on track can be more of a challenge. Sometimes you need a little support and encouragement. And that’s where the America Saves Challenge can help. Continue Reading >

Check your broker’s background with free BrokerCheck tool

Before working with a broker or other financial professional, the first thing you should do is make sure that person is licensed to sell you an investment. You can do this by using BrokerCheck®, a free online tool from the Financial Industry Regulatory Authority (FINRA). Continue Reading >

Blog Topic: 
Investing

Pyramids of Fortune?

Thinking of joining a multilevel marketing program to make some extra money? Before diving in, make sure you’re not dealing with a pyramid scheme. They’re illegal, and for good reason. Continue Reading >

Blog Topic: 
Investing, Scam Alerts

Promoting due diligence: NFA offers more tools for investors to conduct background checks

As more individual investors consider adding futures and off-exchange foreign currency (forex) trading to their investment portfolios, it's essential that they find out as much as they can about a firm before opening a trading account. That’s why National Futures Association (NFA) has been working diligently during the past year to upgrade our investor research capabilities in an effort to provide greater transparency for futures investors and assist them in conducting due diligence. Continue Reading >

Blog Topic: 
Investing

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