Protecting Yourself from Hedge-Fund Ad Onslaught

Folks, we’re in a potential battle between good and evil: The good guys (you), who want to build secure retirements; and the bad guys, who will try to convince you that their product (or firm) is going to be a financial home run when in fact it is a scam.

That is the reality following the Securities and Exchange Commission’s recent move to allow hedge funds to market so-called private placements—more sophisticated investment opportunities—to a broader market of investors.