
The US Securities and Exchange Commission (SEC) 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 to make better investment decisions. According to Traders Magazine, over 40 million users have used the platform, thousands of whom have taken quizzes to test their knowledge on various matters.
With the rise of cryptocurrencies, meme coins have nevertheless increased, causing millions of dollars in losses. In addition, the US regulator launched a public service campaign to educate the public about the risks of investing in Memecoin, the problems of margin trading, and how to avoid easy money fraud.
“As technology develops, we are seeing more and more investors enter our financial markets,” said SEC Chairman Gary Gensler. “With increasing access to the markets, it is as important as 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 looks like a short game show, features a 30-second TV spot and a 15-second informational video on the risks of cryptocurrencies, margin trading and easy money.
The director of the SEC Office of Investors said, “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 attract the attention of all types of investors.” Education and Advocacy Lori Schock. “Investors are filled with a lot of so-called ‘investment advice,’ and we encourage investors to do their own research and visit Investor.gov for information on how to avoid fraud and invest for your future.”
In addition to investment education, the website has many financial tools and calculators such as background checkers, fund analyzers, retirement tools, savings accounts, etc.
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