October 23rd, 2009
The Government’s Role in Providing Financial Advice
Brian Hellmer, director of the Stephen L. Hawk Center for Applied Security Analysis, reacts to the new investor.gov website sponsored by the U.S. Securities and Exchange Commission (SEC) in SmartMoney magazine.
According to Hellmer, the website could help investors avoid mistakes and better understand the risks and costs of their investments. “A lot of people even in their 40s or 50s who have been investing for a while wouldn’t necessarily know what red flags to look for when they talk to investment advisers,” says Hellmer.
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