News | 08.04.21
SEC, FBI Warn of Scammers Posing as Brokers and FAs
The SEC and the FBI are warning investors about fraudsters posing as registered brokers or investment advisors to perpetrate scams. Some fraudsters could be falsely claiming that they’re registered with the SEC, the Financial Industry Regulatory Authority or a state securities regulator, the SEC’s Office of Investor Education and Advocacy says in an investor alert. Other fraudsters may impersonate actual registered professionals, by misappropriating the name, registration number, logo, photo or website likeness of a currently or previously registered professional or firm.
Read the full article on Financial Advisor IQ.