Educate yourself against fraud
Check Before You Invest
Check Before You Invest is an investor education awareness campaign created by the Retirement Industry Trust Association (RITA), the trade association for self directed retirement plan providers, of which Millennium Trust is a member. The purpose of this initiative is to promote investor awareness through resources provided by state, federal and private agencies and provide educational materials, like this investment checklist and list of questions you should ask when considering an investment.
Today more than ever it is important that you conduct research to make informed investment decisions and take steps to avoid fraud. How can you do so?
- Be aware of false or grandiose claims/endorsements;
- Be mindful of individuals who offer investments that are "approved by the government" or imply that because the transaction occurs through a custodian that the custodian approves the investment; or
- that the investment offers high returns but carries little or no risk.
There are risks associated with any investment that is not FDIC-insured. Neither governmental agencies nor self directed IRA custodians endorse or guarantee specific investments. The fact that an investment is permitted in an IRA should not be used in determining whether the investment is appropriate for you.
Millennium Trust does not evaluate or perform due diligence on any investment or investment sponsor. For important information regarding alternative assets, please click here.
Governmental Resources to Check on Investments
The Securities and Exchange Commission (SEC)
The North American Securities Administrators Association (NASAA)
The Financial Industry Regulatory Authority (FINRA)