INDIANAPOLIS- Secretary of State Diego Morales is recognizing April as Financial Literacy Month, a time aimed at promoting financial education and empowering Hoosiers to make informed decisions.
“Protecting Hoosiers is what our Securities Division sets out to do every day. Scammers are good at what they do and unfortunately, they’re getting better. We need to teach Hoosiers to be wise when making investments and also raise awareness. From managing debt to starting a business, learning basic financial literacy skills is essential to long-term success,” said Indiana Secretary of State Diego Morales.
Tips for new and existing investors to safeguard their financial interests:
- Verify Legitimate Registration Sources: Contact the Indiana Securities Division to ensure that you’re investing with an authorized professional. Visit: https://securities.sos.in.gov/
- Independently Verify Identity: Use resources like BrokerCheck and IARD to independently verify the identity of anyone soliciting personal information or investment funds.
- Scrutinize Investment Solicitations: Pay attention to typos, misspellings, and factual discrepancies in any investment solicitation. Inconsistencies are red flags.
- Trust Your Instincts: If an opportunity appears exceptionally favorable, exercise caution.
“No matter your investor profile or where you stand on your investment journey, the Indiana Securities Division has tailored resources designed specifically for you. Building a solid foundation in financial literacy educates investors to recognize fraudulent schemes and navigate today’s complex financial landscape,” said Securities Commissioner Marie Castetter.
The Indiana Secretary of State’s Securities Division has several events planned throughout April to promote Financial Literacy Month.
For additional tips and resources, visit our investor education website at IndianaMoneyWise.com
