Thursday, October 11, 2012

Securities commission celebrates Investor Education Month in October

SAINT JOHN- The New Brunswick Securities Commission (NBSC) has declared October 2012 as Investor Education Month.

NBSC wishes to remind New Brunswickers that their website, www.nbsc-cvmnb.ca, should be the first place on their list of places to find unbiased and accurate information about investing and investments.

"The world of investing is confusing enough as it is without trying to wade through the assault of online advertisements, one-sided websites and gimmicks," NBSC executive director Rick Hancox explains. "We have a mandate to provide unbiased, free, bilingual information to New Brunswickers."

"They need to know that we are the first place they should look to about information about investing."

On Oct. 1st, the securities commission began a new program titled Investing 101. The program will help New Brunswickers who feel prepared to take a more active role in their finances, but aren't completely sure where to begin. The resources will assist those already thinking about investing or making financial decisions.

"When you invest, you are putting your money to work so it can make more money for you," Hancox noted. "Investing is not a get rich quick scheme, and it is not gambling. Those who take advantage of our free [and] unbiased resources will become better informed investors who do not leave investing to chance."

Information that prospective investors may consider useful can be found at www.investinknowingmore.ca.

The New Brunswick Securities Commission is an independent Crown organization which oversees capital markets in the province, along with regulating those who sell or manage securities. 

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