Misleading advertising prevalent among brokerage firms lulls investors into a false sense of security over their investments. They stop checking up on their accounts and their broker because they trust him or her. Bad move. Investors must always practice good financial self-defense.
Financial Fraud Hurts More Than Just Your Savings
As an important recent report by the Financial Industry Regulatory Authority (FINRA) Investor Education Foundation indicates, nearly two-thirds of financial fraud victims experience severe emotional trauma and hardship.