Regulators say older investors are being targeted with increasingly complex investment schemes that can involve unregistered securities, promissory notes, charitable gift annuities, viatical settlements and Ponzi schemes, all promising big returns, the
NASAA reported.
NASAA's statement of policy brings franchisors one step closer to having the green light to deliver UFOCs to prospective franchisees using electronic means.
Last month,
NASAA identified Initial Coin Offerings (ICOs) and cryptocurrency-related investment products as emerging investor threats for 2018.
In fact, Knight said, he invited Abshure, as president of
NASAA, to speak to the Securities Industry & Financial Markets Association.