“Financial literacy” campaign targets workers, high school students WASHINGTON (April 26, 1999)– Securities regulators in 48 states*—from Alabama to Wyoming–next week will join in a national grass-roots investor education effort to reach workers and high school students, those deemed most “at risk” in the nation’s looming financial literacy crisis. Regulators will visit dozens of high [...]

State regulators urge use of “limit orders” in volatile markets WASHINGTON (March 26, 1999) – As millions of investors open online brokerage accounts and Wall Street’s computer systems strain to keep up with demand, state securities regulators today offered advice and urged caution. By one estimate 7.5 million investors have online brokerage accounts, a number [...]

WASHINGTON (March 23, 1999) – Investors venturing on line to trade or get stock tips need to do their homework, be skeptical and watch out for fraud, two state securities regulators told a Senate panel today. “Legitimate business opportunities for financial services on the Internet are unlimited. At the same time, the risk of fraud [...]