The SEC’s Office of Investor Education and Advocacy
(OIEA) and the North American Securities Administrators
Association (NASAA) are issuing this Investor
Alert to warn investors of the potential risks associated
with investing through self-directed Individual
Retirement Accounts (self-directed IRAs). NASAA
has noted a recent increase in reports or complaints of
fraudulent investment schemes that utilized a self-directed
IRA as a key feature.
[See more alerts at: http://investor.gov/news-alerts]
The SEC’s Office of Investor Education and Advocacy provides a variety of services and tools to address problems you may face as an investor. These Investor Alerts and Investor Bulletins, focused on topical issues including recent Commission actions, are provided as a service to investors. They are neither legal interpretations nor statements of SEC policy. If you have questions concerning the meaning or application of a particular law or rule, please consult with an attorney who specializes in securities law.
[See more alerts at: http://www.sec.gov/investor/alerts.shtml ]
– SEC Information
– Investor alerts
– Self-Directed IRAs and the Risk of Fraud