United States:
SEC Warns Investors of Risks In Self-Directed IRAs
17 August 2018
Cadwalader, Wickersham & Taft LLP
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The SEC Office of Investor Education and Advocacy
("OIEA") warned investors of risks associated with
"self-directed" individual retirement accounts
("SD-IRAs"). SD-IRAs enable investors to invest in a
broader portfolio of assets than most other IRAs. In the Investor
Alert, the OIEA cautioned that investing in assets such as
crypto-currencies, initial coin offerings ("ICOs"), real
estate, tax lien certificates and promissory notes and private
placements has "unique risks."
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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