Event: Other Events

CFTC World Investor Week Events Explore Relationship Confidence Scams and Anti-Fraud Resources

CFTC invites the public to two events on Oct. 8 and 9 to learn about fraud protection

October 08, 2024

The Commodity Futures Trading Commission’s Office of Customer Education and Outreach announced two events as part of its participation in World Investor Week, a global effort organized by the International Organization of Securities Commissions to raise awareness about the importance of investor education and protection with a focus on the most critical, emerging themes.

The first event focuses on investment confidence scams, an area of increasing concern that implicates various aspects of technology and emerging assets such as crypto. These scams steal billions of dollars from Americans and have been linked to overseas organized crime syndicates, human trafficking, and money laundering.

WHAT:

Romance Investment Fraud: A Global-Scale Crypto Scam will be a hybrid event with speakers in Austin, Texas, and Washington, D.C.
 

Professor John Griffin, James A. Elkins Centennial Chair in Finance at the University of Texas, will discuss his paper, How Do Crypto Flows Finance Slavery? The Economics of Pig Butchering.
 

A panel of federal regulators will join the discussion to review the growing scale of this fraud, how to detect it, and how to help spread the word about this devastating crime. 

WHEN:

Tuesday, October 8, 2024
12:30 p.m. – 1:30 p.m. (EDT)

WHERE:

Registration is free and open to the public.

Register today:

OCEO will participate in a webinar hosted by the NFA, the self-regulatory organization for the U.S. derivatives industry. Anyone can become a victim of fraud, but there are tools that can help the public avoid interacting with potentially dangerous individuals. CFTC and NFA staff will highlight resources consumers can use to help protect themselves against fraud.

WHAT:

Protect Yourself: NFA and CFTC Resources

WHEN:

Wednesday, October 9, 2024
2:00 p.m. (EDT)

WHERE:

Registration is free and open to the public.

Register today

About the Office of Customer Education and Outreach

OCEO is dedicated to helping customers protect themselves from fraud or violations of the Commodity Exchange Act through the research and development of effective financial education materials and initiatives. OCEO engages in outreach and education to retail investors, traders, industry organizations, and the agricultural community. The office also frequently partners with federal and state regulators as well as consumer protection groups. The CFTC’s full repository of customer education materials can be found at Learn & Protect.

Disclaimer: Professor Griffin will present the findings of his report. The CFTC has not independently verified these findings. The views presented by participants are not necessarily the views of the CFTC or the federal government, and no part of the presentation should be construed as an endorsement of any person or entity.