The U.S. Securities and Exchange Commission (SEC) has launched a game show-themed public service campaign to educate investors of “all ages” about the risks of investing in meme stocks.

The SEC launched “investor.org” in October 2009 with the primary goal of teaching the public how to make better investment decisions. According to Traders Magazine, more than 40 million users have used the platform, and thousands of them have taken quizzes to test their knowledge on different topics.

With the rise of cryptocurrencies, meme coins have nevertheless increased, resulting in multi-million dollar losses. Additionally, the US regulator has launched a public service campaign to educate the public about the risks of investing in memecoins, the problem with margin trading, and how to avoid easy currency fraud.

“As technology evolves, we are seeing more and more investors entering our capital markets,” said SEC Chairman Gary Gensler. “With increasing access to markets, it is more important than ever for investors to take the time to educate themselves. I encourage investors to visit Investor.gov for accurate and unbiased investment information.

The “Investomania” campaign, which is more like a little game show, includes a 30-second TV spot and 15-second informational videos on cryptocurrencies, margin trading, and the risks of easy money.

“We continue to seek creative and memorable ways to reach and educate investors, and we hope this year’s public service campaign, with its light-hearted approach, will capture the attention of all kinds of investors,” said the director of the SEC Office of Investor. Education and Advocacy Lori Schock. “Investors are inundated with so-called ‘investment advice’ and we encourage investors to outsmart the chatter by doing their own research and visiting Investor.gov for information on how to avoid fraud and to invest in their future.
In addition to investment education, the website offers many financial tools and calculators such as a background checker, fund analyzer, retirement tools, savings accounts, and more.

What do you think of this subject? Write to us and tell us!

Disclaimer

All information contained on our website is published in good faith and for general information purposes only. Any action the reader takes on the information found on our website is strictly at their own risk.