Learn the Warning Signs of Investment Fraud: Check Them Out

It’s easy to spot Investment fraud when you know what it looks like. You could be approached through text, email, phone calls, or in groups or financial courses. There are clear warning signs. Protect yourself by knowing them. Ensure anyone offering financial advice or investment products is properly qualified.

Check Them Out
If you are approached by a person or business, you can ask your Financial Advisor for help verifying their credentials. Or confirm they are registered through the Canadian Securities Administrators’ Are They Registered database.

This site discusses the different firms and advisors ̶ what they can legally provide. Their list of cease trade orders indicates companies prohibited from trading securities.

The Investment Industry Regulatory Organization of Canada (IIROC) has an Advisor Report to check the qualifications of investment advisors, including a record of disciplinary actions. This site also lists other valuable resources.

The financial services industry has strict operational laws to maintain investor confidence and ensure markets are efficient, transparent, and fair. Your Carte Financial Advisor is constantly training on these high compliance standards and is always up to date about current frauds and scams.

When was the last time you talked with your advisor about these issues?

Protect yourself and your hard-earned money by becoming a smart financial and investment consumer. Your Carte Financial Advisor can help you verify the legitimacy of any opportunity you are considering.