The NASD places strict regulations on cold-calling practices by brokers. Cold callers may only call you between 8 a.m. and 9 p.m. When they call, they must give you information about themselves including their name, the name and contact information for the firm they work for, and a notification that they are calling to sell you an investment. They must not harass you or lie to you and they are required to get written permission from you before taking money from your bank account. Cold callers must also put you on their "do not call" list if you ask them to. If they call you after you request them not to, or if they harass you in any other way, contact the SEC to file a complaint.

About LifeTips

Now one of the top on-line publishers in the world, LifeTips offers tips to millions of monthly visitors. Our mission mission is to make your life smarter, better, faster and wiser. Expert writers earn dough for what they know. And exclusive sponsors in each niche topic help us make-it-all happen.

Ask a Question

Not finding the advice and tips you need on this Investing Tip Site? Request a Tip Now!

Guru Spotlight

Sherril Steele-Carlin

Ever wonder how you could make your life better and more fun? So have tens of millions of fans who have turned to LifeTips for answers over the past decade. We keep the tips, advice, books, podcasts and writing services flowing, so you can keep your life and business growing in the right direction. Upward!