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OFIS Partners with Local Libraries to Provide Free, Unbiased Investor Ed
FOR IMMEDIATE RELEASE
Free seminars to educate Michigan residents about investing will be held at libraries around Michigan beginning March 7 and continuing throughout 2007.
Sponsored by the Securities Section of the Michigan Office of Financial and Insurance Services (OFIS), the Investor Education @ your Library program is designed to help individuals make informed investment decisions, whether in their company-sponsored retirement accounts or in their private savings accounts.
first seminar will take place at the Frankenmuth Public Library on March
7 from 6:30 p.m. to 9:00 p.m.
Investor Education @ your Library will involve 90 minute seminars on investing that will be taught by certified financial investment advisers. There also will be tips on fraud prevention from state securities regulators. The seminars will be followed by optional, one-on-one counseling sessions for participants.
Investor Ed @ Your Library is funded entirely by a grant from the Investor Protection Trust (IPT) to the Securities section of OFIS. The primary mission of IPT is to provide consumers with independent, objective information required to make informed investment decisions. Funding for the IPT comes from the Investor Education Fund (IEF), a fund established with contributions from the analyst conflicts-of-interest settlements. The IEF is designated for investor education programs designed to provide consumers with the knowledge and skills necessary to make informed decisions and to increase their personal financial literacy.
This nationwide series, Investor Education @ your Library, has signed up libraries in 20 communities from Anchorage, Alaska, to Wichita, Kan., according to the American Library Association (ALA). A schedule of the seminars can be found on the ALA's Web site at http://cs.ala.org/ra/invest.
“Libraries have always provided patrons with information and resources to help them make good decisions for themselves and their families,” ALA President Michael Gorman said. “Libraries are places of opportunity for all people.”
Participating libraries also have received materials to enhance their investor education collections, including a series of investment booklets from IPT and Kiplinger Washington Editors, Inc.; a resource bibliography prepared by the Reference and User Services Association, a division of the ALA; and a DVD set of IPT’s national “MoneyTrack” series, a new 13-part public television series devoted to helping consumers learn to invest successfully and get control of their personal finances.
The seminars are free; however, advance registration is required. Consumers must also indicate if they wish to receive the one-on-one counseling. Seating is limited. For more information, contact your local library.
Investor Ed @ your Library Schedule:
Wednesday, March 7 Wixom Memorial Library, Frankenmuth 6:30 PM
Saturday, March 24 Vicksburg District Library, Vicksburg 10:00 AM
Saturday, March 31 Grand Ledge District Library,
Grand Ledge 10:00
Wednesday, April 4 Carnegie Branch, Jackson District library, Jackson 6:30 PM
Saturday, April 14 Sebewaing Township Library, Sebewaing 10:30 AM
Tuesday, April 17 Van Buren District Library, Decatur 6:00 PM
Thursday, April 19 Three Rivers Public Library, Three Rivers 6:00 PM
Saturday, April 21 Ransom District Library, Plainwell 11:00 AM
Saturday, April 30 Portage District
Library, Portage 6:00
Friday, June 1 Portage Lake District Library, Houghton 2:00 PM
Saturday, June 2 Peter White Public Library, Marquette 10:00 AM
Saturday, June 2 Escanaba Public Library, Escanaba 2:30 PMSaturday, June 9 Charlotte District Library, Charlotte 1:00 PM
Tuesday, June 19 Marshall District Library, Marshall 6:00 PM
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