Arkansas Securities Department encourages military members and their families to shore up their defenses against investment fraud during Military Saves Week (Feb. 19-26).
“Securities regulators in Arkansas stand ready to help the men and women who serve our country protect their hard-earned dollars,” said Arkansas Securities Department Commissioner Heath Abshure. “Unfortunately, military families may be targeted by con artists who exploit their ties to the military community to gain the trust of their victims.”
“Before you invest, you should contact the Securities Department to determine if the investment and the person recommending it are properly registered in Arkansas,” the Commissioner said. Contact the Arkansas Securities Department at 501-324-9260 or 800-981-4429.
The Arkansas Securities Department also provides several resources designed to help military families learn how to avoid investment fraud, including:
Salute to Smart Investing and Financial Field Manual. This guide to saving, investing, retirement planning and fraud prevention, prepared especially for the Armed Forces, is available online at www.securities.arkansas.gov.
Investor Resource Library. Learn more about the Top 10 Investor Traps threatening investors and explore additional resources to help you invest safely.
As a member of the North American Securities Administrators Association, the Arkansas Securities Department is a proud supporter of Military Saves Week and America Saves Week, a national public awareness effort led by the Consumer Federation of America to motivate people to start saving for their financial future. To learn more about America Saves Week, visit www.americasaves.org.
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