The Canadian Securities Administrators has marked Investor Education Month by urging investors to maintain long-term investment plans, scrutinize online information and take precautions against increasingly sophisticated fraud. The guidance focuses on investor resilience, digital deception and fraud prevention, reflecting themes identified by the International Organization of Securities Commissions for World Investor Week. Investors should assess their risk tolerance, avoid decisions driven by short-term market movements or anxiety and seek advice from registered professionals when needed. The Canadian Securities Administrators also recommends verifying claims from social media and confirming the registration of investment professionals, firms, robo-advisers and crypto asset trading platforms. Warning signs of fraud include promises of high returns with little or no risk, pressure to act quickly, unsolicited offers and unclear information about how an investment works.
Canadian Securities Administrators urges investors to verify online information and guard against fraud
The Canadian Securities Administrators urged investors to follow long-term plans, verify online investment claims and protect themselves from fraud. Investors should check the registration of providers and watch for high-return promises, pressure to act and unsolicited or unclear offers.