In conjunction with National Financial Capability Month, the Securities and Exchange Commission (SEC) is encouraging investor awareness.
The SEC’s Office of Investor Education and Advocacy (OIEA) is urging investors to go to Investor.gov to learn about the importance of saving and investing early and check out their investment professional before investing.
“Education is a part of our efforts to empower investors to make informed investment decisions, not only during National Financial Capability Month but every day throughout the year,” SEC Chairman Jay Clayton said. “Learning how to invest wisely and be alert to risks can help all Americans reach their financial goals.”
Officials said Investor.gov also provides investors with free financial planning tools such as a compound interest calculator, information on investment products, risks, and fees, as well as alerts on recent investment scams and bulletins on various securities topics.
“National Financial Capability Month brings increased focus on the importance of financial literacy and provides an opportunity to remind investors of the work they must do to help themselves make smart investment decisions,” Lori J. Schock, director of the SEC’s Office of Investor Education and Advocacy, said.
OIEA officials said staff would participate in education programs and activities with military service members, students, seniors and the general public throughout the month of April in an effort to enhance Americans’ understanding of financial principles and practices.