News Release

​For Immediate Release: April 11, 2024

Wisconsin DFI Highlights Proactive Investor Protection Tips for Money Smart Wisconsin Week

MADISON, Wis. – The Wisconsin Department of Financial Institutions (DFI) today encouraged investors in Wisconsin to utilize the DFI’s many investor education resources available to them during Money Smart Wisconsin Week, April 6 – 13, 2024, and National Financial Literacy Month, which runs throughout April, and throughout the year.

“No matter your investor profile or where you stand on your investment journey, the Wisconsin Department of Financial Institutions has tailored resources designed specifically for you,” said DFI Secretary Cheryll Olson-Collins. “Building a solid foundation in financial literacy empowers investors to recognize and steer clear of fraudulent schemes. Throughout April and beyond, we invite investors in Wisconsin to explore our comprehensive investor education materials.”

During Money Smart Wisconsin Week, the DFI recommends that both new and existing investors take proactive measures to safeguard their financial interests:

  • Verify Legitimate Registration Sources: Contact your state or provincial securities regulator to ensure that you’re investing with an authorized professional. In Wisconsin, contact DFI’s Division of Securities by phone at (608) 266-2139 or by email at DFISecurities@dfi.wisconsin.gov​.
  • Independently Verify Identity: In the United States, use resources like BrokerCheck® and the Investment Adviser Registration Depository (IARD) to independently verify the identity of anyone soliciting personal information or investment funds. Confirm that you’re dealing with a bona fide securities professional.
  • Scrutinize Investment Solicitations: Pay attention to typos, misspellings, and factual discrepancies in any investment solicitation. Cross-check the provided contact information with that available on BrokerCheck® and IARD. Inconsistencies are red flags.
  • Conduct Independent Research: Don’t rely solely on solicitation information. Investigate further. Verify information using authentic regulatory filings.
  • Remember the Adage: If It Seems Too Good to Be True… Trust your instincts. If an opportunity appears exceptionally favorable, exercise caution.

For additional tips and resources, visit the DFI’s Investor Education webpage. Investors with questions are encouraged to contact the DFI’s Division of Securities by phone at (608) 266-2139 or by email at DFISecurities@dfi.wisconsin.gov.

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Media Contact Email: DFICommunications@dfi.wisconsin.gov​