News | 10.02.19
How Much of My Money Will Go to Work for Me?" Clayton Tells Investors to Ask Advisors
SEC Chair Jay Clayton underscored the importance of choosing the right financial professional today, as the agency takes the lead in kicking off 2019 World Investor Week, a global consumer education effort now in its third year. “If you're thinking about working with an investment professional, make sure you ask my favorite question, 'How much of my money will go to work for me?',” said Clayton in a statement announcing that SEC staff will participate in more than 50 events around the country. The SEC is leading U.S. efforts for 2019 World Investor Week, which is promoted globally by the International Organization of Securities Commissions and features the educational programs from regulators on six continents. A new joint Investor Bulletin issued with the CFTC, FINRA, and the North American Securities Administrators Association (NASAA), meanwhile, highlights a video series featuring Clayton explaining the differences between brokers and investment advisors.
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