Posted on Oct 21, 2016
The Securities and Exchange Commission and the Financial Industry Regulatory Authority warn investors who may have lost money on a speculative security to be on the alert for “follow-on” frauds. These include being contacted by an official-sounding company promising to help you recover your lost investment, and requesting an up-front fee to do so. Be aware that in most cases, you can attempt to recover your lost investment on your own, at little to no cost.
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