Fear and greed can cloud your good judgment. Be extra cautious of investments or products endorsed by groups. Many swindlers will attempt to obtain the endorsement of churches, fraternal and other organizations to lend credibility to their sales efforts. Sometimes these mistakes are simple clerical or accounting errors that can be corrected easily. The following are illegal situations to avoid.
Any unlicensed activity is a violation of the securities law.
It is a violation of the law to sell unregistered securities in North Dakota. Failure to deliver. Resolving Disputes Most arrangements between investors and their brokers or advisers are trouble-free. Your broker or adviser cannot be held responsible if your investments were simply not as successful as you would have liked. Occasionally, though, legitimate problems do arise.