What, it’s the end of the year already?!
It’s been a jam-packed year of investor education at the BC Securities Commission (BCSC). From new guides and resources to hosting a crypto Q&A to covering timely topics – we’re here to help British Columbians navigate the ups, downs, and in-betweens of investing.
Let’s take a look back at 2022 before we usher in the new year.
Investor Guide: Managing Your Investments
You have options to manage your investments. Whether you’re considering investing or are already an investor, it’s important to weigh your options and determine what’s right for you.
We kicked off 2022 by publishing an Investor Guide that covers the essentials of three common money management strategies: working with a registered investment advisor, using a robo-advisor, and using self-directed investing accounts.
The Guide also highlights new investor protection rules known as Client Focused Reforms, what it means to be a vulnerable investor, and how to establish a Trusted Contact Person.
Slow Down. Think Before You Invest
During Fraud Prevention Month in March 2022, we highlighted a fraud warning sign – emphasizing how FOMO (fear of missing out) is used by fraudsters to create emotional traps that can harm investors.
We amplified our message through social media, television, radio, podcasts, transit shelters, and billboards. We used emojis and lingo commonly found in online investing conversations to help draw attention to misleading or fraudulent investment opportunities.
Your Crypto Questions Answered
Confused by crypto? You’re not alone – questions and concerns about crypto assets were plentiful in 2022, especially about crypto asset-related scams.
Our Twitter Q&A answered your questions related to crypto fraud. We encourage British Columbians to contact us with questions or concerns.
Starting a Conversation About Elder Financial Abuse
We continued to shed light on elder financial abuse by joining organizations across Canada in the lead-up to World Elder Abuse Awareness Day (WEAAD) on June 15.
This year, we partnered with CanAge to have an open conversation about elder financial abuse in order to help British Columbians learn what financial abuse can look like, and how to protect their older loved ones from being victimized.
Learn more by visiting our Elder Financial Abuse page.
Supporting Investors Through Moments in Time
2022 has been peppered with intense financial headlines. High inflation, increased costs of living, global supply chain issues, and rising interest rates were the topics that dominated investors’ sentiment trying to navigate volatile investment markets.
It can feel overwhelming to sift through, especially if you’re new to investing or want to understand how fluctuations and new technologies impact your personal finances.
We’re here to help with the following pages:
- Debt Management
- Managing Your Investments in Inflationary Times
- What You Should Know About Market Volatility
- Protect Yourself When Using Mobile Stock Trading Apps
We’re closing out the year with a new look!
InvestRight.org has been revamped to be more responsive, informative, and easier to navigate.
- Improved search – helping British Columbians find the content they need, even if they aren’t sure what to look for
- Updated Calculators and Quizzes
- A streamlined look and feel – making it simpler to explore on any device
- Mega menus – helping visitors find their topic fast by hovering over Understand Investing, Manage Investments, Avoid Fraud, Tools & Resources, or News & Insights
- Report a concern – contact us quickly with the Report Fraud or Misconduct button
From beginners to experts, we’re here to empower B.C. investors. We’ll see you in the new year with more resources and tools to help you work toward a positive financial future.
Report a Concern
If you have any concerns about a person or company offering an investment opportunity, please contact BCSC Inquiries at 604-899-6854 or 1-800-373-6393 or through e-mail at [email protected]. You can also file a complaint or submit a tip anonymously using the BCSC’s online complaint form.