NFA to shine a spotlight on fraud during Money Smart Week

Crime, especially in comic books, is said to never sleep. And like Batman, who is well-versed in combating endless streams of criminals, the National Futures Association (NFA) is similarly committed to helping consumers fight against fraud at all times. To this end, for the seventh straight year, NFA will present a series of seminars during Money Smart Week, a nationwide public awareness campaign designed to help consumers better manage their personal finances.

This year, NFA has joined with the Commodity Futures Trading Commission (CFTC), AARP Illinois and the Chicago Department of Family & Support Services to educate investors and provide community leaders with the tools they need to help protect themselves and others from investment fraud. During the seminar, "Avoiding Fraud is Your Best Money Strategy," NFA, AARP and the CFTC will provide attendees with advice on how to identify the warning signs and avoid investment fraud.

The seminar will be presented two days during Money Smart Week. The first seminar will be on Thursday, April 25 from 11:30 a.m. to 1:00 p.m. at the Renaissance Court in the Chicago Cultural Center, which is located at 78 E. Washington St., in Chicago, Ill. On Friday, April 26, the partners will present a reprise of the seminar from 10:00 a.m. to 11:00 a.m. at the Southeast (Atlas) Senior Center, located at 1767 E. 79th St., also in Chicago, Ill.

These seminars are just part of a series of free classes, seminars and activities promoting financial education that will take place during Money Smart Week Chicago, which runs from April 20 to 27 and is coordinated by the Federal Reserve Bank of Chicago.

Additionally, on Wednesday, April 24, NFA will join other regulatory and enforcement agencies at a Financial Regulators Fair at the State of Illinois Building, Thompson Center. Representatives from 12 agencies, including the CFTC, Financial Industry Regulatory Authority (FINRA), the Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC) will distribute information on financial protection, banking, credit and investing. The event will run from 10:00 a.m. to 2:00 p.m.

Anyone who would like to attend a Money Smart Week seminar should pre-register by calling 312.781.1454, or email avorro@nfa.futures.org.

For additional investor education resources and fraud-prevention tips, check out the following information:

Blog Topic: 
Investing, Scam Alerts

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