Friday, November 22, 2024
HomeLaw & PoliticsSEC launches game-shows campaign "investor education" to educate investors more about crypto

SEC launches game-shows campaign “investor education” to educate investors more about crypto

The SEC Office of Investor Education and Advocacy launched a “investor education” campaign this week that includes a number of game-shows.

The “Investomania” campaign features a 30-second television commercial, a 15-second educational film on crypto assets, FOMO, interactive questions, margin calls, and guaranteed returns.

This game has two competitors and a host. First, the TV host advises the participants to choose a square on a game board that includes options such as online rumours, celebrity endorsements, and guaranteed returns. Market Timing, Crypto to the Moon, and Tulip Bulbs are some more options.

According to the commission, the ad “encourages investors to investigate investments and get information from reliable sources before investing.”

Following the judgments of the competitors, the film humorously depicts the consequences of a good or terrible answer.

According to the regulator, “Investment might look and feel like a game… To inform investors in a pleasant way, our social service initiative incorporates the concept of a game show.”

Because venture capital “is not a match-making business,” the regulatory agency advised investors to proceed with caution when making investment decisions.

The Commission said in a recent accounting bulletin that there are risks linked with crypto assets. It was noticed that the price and availability of cryptocurrency assets vary regularly, separating them from traditional financial assets.

Related Posts:
Jeewan Singh
Jeewan Singh
Jeewan Singh is CryptoShrypto’s content writer and a seasoned writer with over two years of experience in writing about Indian Securities Market. Jeewan's participation in Blockchain and Cryptocurrency started in late 2020, and he hasn't looked back since. The technical and economic outcomes of cryptocurrency are what spark his curiosity, and he keeps one eye on the market.
RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

four × five =

- Advertisment -

Most Popular