Illinois Secretary of State Jesse White announced this week the kickoff of a new public awareness campaign that will encourage investors to investigate before they invest. White stated: “We want to make sure that Illinoisans don’t lose their hard-earned money to fraudulent individuals or organizations. It is important to check before investing because as the adage goes, ‘If it sounds too good to be true, it probably is.’” Many of the cases in Illinois that deal with investment fraud cost residents millions of dollars each year and involve financial advisors who are not licensed to sell securities. This information is available to the public and investors are being encouraged to check these outlets before making an investment decision. The Secretary of State Department registers and regulates the following: entities offering and selling securities, broker-dealers, investment advisors, salespersons, and representatives of dealers and advisers, loan brokers, business brokers and those offering business opportunities.
Disclaimer
The posting on this site are mere OPINIONS and NOT statements of fact in any way whatsoever. The information should not be relied upon and there have been no findings made against the firms or individuals referenced on this site. In addition, this Blog is made available for educational purposes only and incorporates information from the web as well as to give you general information and a general understanding of the law, not to provide specific legal advice. By using this blog site you understand that there is no attorney client relationship between you and Stoltmann Law Offices (161 N Clark Street 16th Floor Chicago, IL 60601). The Blog opinions should not be used as a substitute for competent legal advice from a licensed professional attorney in your state.
PLEASE NOTE THIS IS ADVERTISING AND IT IS NOT A NEWSPAPER ARTICLE OR POST FROM AN INDEPENDENT OR NON-BIASED, NEWS SITE, NEWS SOURCE OR NEWSPAPER.
