As we start off a new year, the Before You Invest blog is getting a new start as well. We’ll still be doing periodic posts on new legislation, scams and investment news that Nova Scotians need to know about. We’ll also be getting back to the basics for those new to investing and securities with our new Question of the Week. Every Wednesday we’ll post a new question with the answer from our experts at NSSC. We’ve got the first few questions ready to roll out this month, but we also want to hear from you. What do you want to know more about?
NSSC Blog: Before You Invest
The Nova Scotia Securities Commission has noticed an increase in solicitations and marketing for investment in binary options (also called “fixed-return options”).
At this time, no binary options trading companies are registered in Canada. These platforms may be engaging in illegal activity.
To help prevent fraud, we are encouraging the public to research investments when making any investing decisions. We recommend that investors follow these three easy steps:
Whether you're thinking of investing or already are you need to understand the Fund Facts. This document outlines everything you need to know about your investments from fees to past performance. To help you better understand the Fund Facts we have created three videos with tips.
March is Fraud Prevention Month and we’re asking Nova Scotians to check to see if your financial adviser is registered before you invest.
For all those Back to the Future fans out there you may be surprised to know that in the second movie Marty McFly travels from 1985 to the year 2015.
This fun fact makes all fans stop and compared the fictional 2015 with the present one. Where are those cool hoverboards, self tying Nike’s or flying cars? Maybe in another 30 years.
For the last two weeks the Securities Commission hosted public information sessions on the proposed crowdfunding exemptions. We want to thank all of you who participated. The sessions sparked great conversations and we encourage everyone to submit their comments to us by June 18th.
Mutual fund fees can be complicated and we want investors to know that we're here to help.
I am here to tell you that there are no “dirty little secrets” when it comes to mutual fund fees. To avoid over paying fees, investors need to know the right questions to ask and that starts with understanding the fee structure.