GALLAGHER WARNS INVESTORS: VERIFY BEFORE YOU BUY
Florida’s Chief Financial Officer Tom Gallagher announced that he is expanding efforts to promote investor education and protect investors from financial scams. His message, communicated through public service announcements and billboard advertising, is “Be a Smart Investor: Verify Before You Buy.”
“Each year, thousands of Floridians fall prey to financial scams that cheat them out of their hard-earned money or retirement savings,” said Gallagher, who oversees the Florida Department of Financial Services. “Our goal with this campaign is to protect investors by getting their questions answered before they invest.”
Gallagher also recommended that potential investors ask for and read the prospectus on any investment, which should provide information about the company’s business plan, and its officers and directors, and investigate the claims made in the prospectus.
As part of the campaign, billboards will be going up in the following markets: Miami, Ft. Lauderdale, Orlando, Ocala, Gainesville, Ft. Myers, Daytona, Melbourne, St. Augustine, Jacksonville, Tampa, Tallahassee, Ft. Walton Beach and Panama City. The Florida Outdoor Advertising Association (FOAA) and its participating member companies donated the billboards as part of their statewide public service program.
“FOAA is proud to offer assistance with this statewide public service effort,” said Charlotte Brand, FOAA President and CEO.
Financial support for the “Be a Smart Investor: Verify Before You Buy” campaign is provided by a grant from the Investor Protection Trust (IPT). The IPT is a nonprofit organization devoted to investor education. Since 1993, the IPT has worked with the States to provide the independent, objective investor education needed by all Americans to make informed investment decisions. Their website is www.investorprotection.org.
Sarasota County courthouse was built in 1925 and was praised as one of the most artistic public buildings in the United States.