One thing you can say about the financial crisis is that, despite the trillions of dollars of wealth destroyed, there has been no shortage of laughs and absurd moments. Take this one for instance.
An alliance of 19 regulators, which includes the SEC, FINRA, SIPC, and State Securities administrators, has created a list of educational resources for investors toprotect themselves from Ponzi schemes and other types of fraud.
Better late than never I suppose, but given SEC Chairman Chris Cox’s mea culpa, I can only hope that in addition to disseminating this information, that the regulators themselves actually read it.
Anyway, check below for the release….
