
QUESTIONS YOU NEED TO ASK...
- Are you, your firm and the investment you're offering
all registered with the Illinois Securities Department or
listed on a national exchange?
- How long have you/your company been in business?
- How does your company plan to use my money?
- How much risk is there in my proposed investments?
- How is the investment purchase price determined?
- What are the fees for the transaction? How are you
compensated? Do certain investments pay you a greater
commission versus others?
- With this investment, are there transactions I need to
make by a deadline? Are there circumstances in which I
may be required to come up with additional money?
- Can you provide me with an exact written description
(prospectus) of the investment in question?
- Will you send me regular statements on my account?
- What happens if I need to get my money back quickly? Am I
responsible for finding a buyer?
- Are there any fees I am required to pay before I can liquidate
my investments?
- Can you provide me the specific investment recommendations you made in the past 12 months? Were those recommendations profitable?
- Can you provide references from people you have served in my community?
- Are you willing to explain your investment proposal to my attorney or accountant?
- Are any lawsuits or bankruptcies pending against you, your company or the company's officers and directors?
- Should disputes arise, how will they be settled?