Real world bitcoin ATMs are playing a bigger role in the proliferation of online Bitcoin scams than ever before. Data from the Federal Trade Commission shows consumers reporting over $110 million in losses to scams involving Bitcoin ATM machines in 2023, a tenfold increase since 2020.
Why is credit education important? Because credit, and credit scores, can oftentimes be confusing. The best way to understand your current credit situation is to see how your credit score compares to the national average. Determining whether your score is above or below that average will provide insight into what actions should be taken to manage your credit in the future.
As people celebrate Valentine’s Day and look for love online, the Tennessee Department of Commerce & Insurance’s (TDCI) Securities Division is warning consumers to be on guard against romance scams and so-called “relationship investment scams,” a fast-growing form of fraud that blends emotional manipulation with fake investment opportunities.
Margin trading has been available through investment firms for over a century. It has recently moved back into the spotlight, showing up on mobile investment apps that put margin trading in the hands of anyone with a smartphone.
Have you received an email from a famous politician, business mogul, athlete, or other celebrity touting a can’t-miss, once-in-a-life investment opportunity? Maybe you’ve seen the same opportunity being promoted by other famous faces through online ads, social media posts, videos, or reels? The internet is being flooded with get-rich-quick investment opportunities that are supposedly being promoted by influential people. Here’s the thing, though: Those celebrities almost certainly have no idea their names, faces, and reputations are being used to promote what are actually total frauds.
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The Tennessee Securities Division is dedicated to ensuring our great nation’s service members and their families have the resources they need to increase and further enhance their financial stability.
National 401(k) Day is observed annually on the Friday following Labor Day, symbolizing the transition from labor to retirement.
National Senior Citizens Day recognizes seniors who have spent their lives contributing to society and have impacted everyone’s lives for the better. So how can we show our appreciation and gratitude for the older generations? By keeping a watchful eye for signs of elder financial exploitation.
Here at the Securities Division, we hope you’ll use this day as a reminder of how important financial planning is for your, and your family’s, future.
Since the first Crypto Exchange-Traded Funds (ETFs) were approved in 2021 by the Canadian securities regulators and the U.S. Securities Exchange Commission (SEC), these financial products are increasingly available for both retail and institutional investors.
During market uncertainty, some investors are tempted to move money into investments perceived as “safe,” like gold, silver, and other precious metals, hoping that a rise in the price of precious metals will offset any losses in stocks and bonds.
This month raises awareness about the vulnerabilities children can face if they do not have a guardian and/or mentor role model in their lives to guide them. Studies show that children are more likely to pursue higher studies if they have these positive influences in their lives.