Tim O'Connor's Blog

Before Investing: “Ask and Check”

The Securities Exchange Commission (SEC) Office of Investor Education and Advocacy has issued a web-based advisory to the investing public entitled, “Ask and Check”. This article suggests that before investors hire an investment professional or purchase securities, they such research and verify all information about the investment professionals they may be dealing with, as well […]

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Life Insurance Resource Center

The New York State Department of Financial Services maintains an online Life Insurance Resource Center describing the various annuity products sold in New York State including annuities such as straight life annuities, life contingent with period certain annuities, life contingent with refund feature annuities, joint & survivor annuities and period certain annuities. Deferred annuity contracts include […]

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SEC Guide for Seniors to Protect Senior Citizens Against Investment Fraud

The Securities and Exchange Commission Office of Investor Education and Advocacy has published “A Guide for Seniors – Protect Yourself Against Investment Fraud,” which suggests that senior investors should ask the following questions to avoid being scammed:  What do you know about the company who wants to invest your money? What do you know about the […]

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FINRA Securities Helpline For Seniors – HELPS

FINRA maintains a toll-free number that Senior Investors can call to get assistance from the Financial Industry Regulatory Authority (FINRA) when placed with problems with their investment accounts the toll-free number is 844-57-HELPS (844-574-3577) Monday through Friday 9:00 a.m. to 5:00 p.m. FINRA also maintains the FINRA brokerage hotline at (800) 289-9999 as well as […]

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Important Questions Investors Should Ask Their Financial Professionals Regarding Financial Professional Titles

A joint investor bulletin of the North American Securities Administrators Association (NASAA) and the Securities Exchange Commission (SEC) suggests that investors should ask the following questions of their financial professionals who are touting their professional titles: Are you employed by a registered broker dealer? Are you employed by a registered investment advisor? Are you or […]

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