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'INVEST SMART' Division of Securities to educate seniors



Published: Wed, April 6, 2005 @ 12:00 a.m.



The agency will inform the elderly on the best ways to invest money.

COLUMBUS -- The Ohio Department of Commerce Division of Securities will provide speakers to educate senior citizens on how to exercise caution before investing their money.

The education is part of the state's observance of Saving and Investing Education Month during April and the Division of Securities' year-round "Invest Smart" campaign.

With scams targeting seniors leading the division's list of the top five investment scams in Ohio, the division is concentrating this year on investor education presentations for Ohio seniors. The "Invest Smart" campaign provides investor education information to help seniors, and all Ohio investors, gain a better understanding of the investing process and to protect their life savings from investment scams.

Quotable

"The Division of Securities is committed to educating Ohio's seniors on how they can protect their hard-earned savings," said Director of Commerce Doug White. "We want to encourage seniors, and all Ohio investors, to be skeptical of any investment promoter's claims. Investors should always investigate before they invest."

The division is seeking speaking opportunities throughout the year at senior centers, schools, community organizations and other locations. To schedule a speaker, call (800) 788-1194 or go to the division's Web site at www.securities.state.oh.us and click on "Need A Speaker."

The division also offers a wide variety of investor education publications on its Web site, and copies can be requested by calling the hot line.




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