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"Be Wise Before You Invest" was first aired on Wednesday January 19th 2005. Our Guest was Irving Faught, Administrator, Oklahoma Department of Securities.

Our topics included:
  1. The Oklahoma Securities Commission and what it does.
  2. What his responsibility is. Size of the staff.
  3. Wise-Winning Through Investment Strategy and Education program and what it is designed to do, whom else is involved.
  4. The media project.
  5. Fraud and cooking of the books - how prevalent it is and what is being done about it.
  6. What enforcement powers he has - does he take positions in matters where recipients of fraud related refunds are forced to give back the money because of a bankruptcy court order.
  7. Regulation of brokers and dealers - how he brings this about.
  8. Are there more complaints when the market goes down than when it goes up.

Irving Faught, Mick Cornett, Kent Meyers