How do I know what sort of license a seller or advisor is supposed to hold?
Before transacting any business, print out the license/authorization checklist and ask your investment professional to fill it out for you. This will tell you what types of products he or she is selling and what authority or agency licenses the activity in Vermont.
The best way to stop investment fraud is to prevent it from occurring. Don't be afraid to ask questions and investigate investment opportunites before you invest.
Before you invest, investigate the company, the salesperson, and the investment by asking questions and checking references.
You should thoroughly understand the investment before you invest. Do not be afraid to ask questions and write down the answers for future reference. Some of the most important questions you should ask are:
Toll free hotline to get information about the firm and salesperson: 800-289-9999 (9am to 5pm EST)