portfolio, make sure he or she is licensed to sell securities. In many states, insurance agents, lured by high commissions, sell high-risk investments. Verify that an agent is registered to sell securities by calling your state securities regulator (usually the state attorney general). If the agent is not registered, don’t buy.
The U.S. Securities and Exchange Commission (www.sec.gov), The North American Securities Administration Association (www.nasaa.org), FraudBureau.com (www.fraudbureau.com), and StockPatrol.com (www.stockpatrol.com).