Investor Bill of Rights

When you invest, you have the right to:

  • Ask for and receive information from a firm about the work history and background of the person handling your account, as well as information about the firm itself.
  • Receive complete information about the risks, obligations, and costs of any investment before investing.
  • Receive recommendations consistent with your financial needs and investment objectives.
  • Receive a copy of all completed account forms and agreements.
  • Receive account statements that are accurate and understandable.
  • Understand the terms and conditions of transactions you undertake.
  • Access your funds in a timely manner and receive information about the restrictions or limitations of access.
  • Discuss account problems with the branch manager or compliance department of the firm and receive prompt attention to and fair consideration of your concerns.
  • Receive complete information about commissions, sales charges, maintenance or service charges, transaction or redemption fees, and penalties.
  • Contact the Washington Department of Financial Institutions’ Securities Division in order to verify the employment and disciplinary history of a securities salesperson and the salesperson’s firm; find out if the investment is permitted to be sold; or file a complaint. Contact the Washington Department of Financial Institutions at (360) 902-8760 or 1-877-RING DFI (1-877-746-4334).