Department of Financial Institutions
Free Workshops Assist Investors

Press Release Date:  Friday, October 10, 2008  
Contact Information:  Kelly May, Public Information Officer
502-573-3390 x252
800-223-2579 x252
kelly.may@ky.gov
 


   FRANKFORT, Ky. (Oct. 10, 2008) – Kentucky investors can protect their nest eggs in these tumultuous economic times by researching their choices, seeking sound advice and avoiding fraudulent products and schemes. Two free workshops at the Kenton County Public Library, presented by the state securities regulator, will arm investors with those resources.

   “In today’s economy, citizens may need sound investment advice now more than ever, especially when considering a portfolio or product change,” said Gov. Steve Beshear. “These free workshops will help Kentucky citizens choose a reputable broker or adviser and protect themselves from those who prey on investor fears with false promises and offers.”

   Both workshops are free, appropriate for any age adult and include take-home materials. Unbiased information is provided by the state Department of Financial Institutions (DFI). No specific products or individuals will be promoted. DFI cannot provide financial advice.

   The Oct. 16 workshop will help investors choose a broker or adviser by providing tips on what to look for. Participants will also learn how to set up an investment account.

WHAT:    “Getting Help With Your Investments” workshop
WHEN:    Thursday, Oct. 16, 7 p.m.
WHERE:  Kenton County Public Library, Durr Branch
             1992 Walton Nicholson Pike
             Independence, KY 41051

   The Nov. 20 workshop will show investors how to avoid situations that can lead to the mishandling of funds. Information includes keeping track of investments and staying alert to fraud warning signs.

WHAT:    “Protecting Your Money” workshop
WHEN:    Thursday, Nov. 20, 7 p.m.
WHERE:  Kenton County Public Library, Durr Branch
             1992 Walton Nicholson Pike
             Independence, KY 41051

   DFI is committed to providing financial education and promoting awareness about the importance of saving, investing and making wise personal financial decisions. An agency in the Public Protection Cabinet, DFI is responsible for regulating the banking, lending and securities industries in Kentucky.

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