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Foreign Exchange Currency Fraud
URL: http://www.nasaa.org/Investor_Education/Investor_Alerts___Tips/6627.cfm

Description:
An investor update that discusses potential fraud concerns arising from investments in foreign currency ("forex") contracts. "They may look like a new sophisticated form of investment opportunity, but in reality they are the same old trap -- financial fraud in fancy garb." Describes how forex contracts work, warning signs of fraud, and what regulators are doing. From the North American Securities Administrators Association.

Publisher:
North American Securities Administrators Association, Inc.

LII Database Information:
Record 25667 created by Maria Brandt on 03/10/2008
Last modification on 03/19/2008
Published: 03/19/2008  
Funding agency: California State Library
LII Item ID: http://lii.org/cs/lii/view/item/25667