Seminar will address investment fraud, money management

The Office of Financial and Insurance Services (OFIS) has joined with AARP Michigan, the Securities Exchange Commission (SEC) and the Michigan State Bar to offer a free informational seminar aimed at older investors.  

 The “Safe Investing Forum” has been scheduled for November 28 from 9:30 to noon. The seminar will take place at the Sarvis Center – Flint Cultural Center and will be conducted by experts from OFIS, AARP, the SEC and the state bar. It is intended to provide consumers with information on safe investing, investment scams, and recognizing misleading marketing tactics.

“Con artists, fraudsters and unscrupulous bad actors continue to target seniors with one goal in mind – separating them from their hard earned savings,” said OFIS Commissioner Linda A. Watters. “Savvy seniors will hear the latest information from OFIS' unbiased experts who work 24/7 to protect Michigan consumers.”

The seminar is funded by a grant from the Investor Protection Trust (http://www.investorprotection.org), whose primary mission is to provide independent, objective information needed by consumers to make informed investment decisions. Founded in 1993 as part of a multi-state settlement to resolve charges of misconduct, IPT serves as an independent source of non-commercial investor education materials. IPT operates programs under its own auspices and uses grants to underwrite important initiatives carried out by other organizations.

The seminar is free; however, advance registration is required. To register for the seminar, call toll-free at 1 (877) 926-8300. For more information on the Office of Financial and Insurance Services, visit www.michigan.gov/ofis.

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