- The U.S. States Securities and Exchange Commission’s Office of Investor Education and Advocacy has announced that the theme for April’s National Financial Capability Month is “Investing for everyone,” which will include a review of the risks of cryptocurrency investing.
Included in the list of resources was a link to the March 23 investor alert released by the SEC titled “Exercise Caution with Crypto Asset Securities,” which warned investors that, “Investments in crypto asset securities can be exceptionally volatile and speculative, and the platforms where investors buy, sell, borrow, or lend these securities may lack important protections for investors.”
The survey included responses from 1,000 nationally representative US adults ages 18 and older between February 17 and February 21, 2023. "When it comes to our physical health, we trust medical experts for recommendations to keep us on the right path, but unfortunately, that mentality isn't the same regarding our financial health,” said Karen Barrett, founder and CEO of Unbiased. “While nearly half of U.S residents find financial topics complex, an even greater amount feel too intimidated to seek financial advice.