SEC’s Social Media Fraud Warnings
This information came out last month, but is important to note. The U.S. Securities & Exchange Commission (the SEC) put out information about investment fraud and social media in January:
- SEC – Investor Alert: Social Media and Investing – Avoiding Fraud (January 4, 2012) [PDF]
- SEC – Investor Bulletin: Social Media and Investing – Understanding Your Accounts (January 2012) [PDF]
- SEC – National Examination Risk Alert – Investment Adviser Use of Social Media (Vol. II, Issue 1, January 4, 2012) [PDF]
These alerts were prompted by charges laid on January 4th against Anthony Fields, an Illinois-based investment advisor who offered . . . [more]


