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Speculative Inventions and New Products

New products or inventions are often risky investments.

How it works

You may be invited to invest in a new product, or a new invention, with the promise of a potentially high returns if the product should succeed.

How to protect yourself

  • These kinds of investments are typically very risky and volatile. They are not suitable investments for your retirement money, even though they may promise high returns.
  • Check that the individual and firm selling the investment are registered in New Brunswick. Use the National Registration Search Tool.
  • Get as much written information as possible about the investment. It should include detail about the risks and costs of the investment, and what you have to do to get your money out.
  • If you’re unsure, get a financial professional such as an accountant, lawyer, or a financial advisor to evaluate the investment.  

How to report it.

A risky investment opportunity is still legal, so there isn’t necessarily a report to make. If you suspect insider trading or other wrongdoing, complete the FCNB Submit a Complaint form.  

FCNB administers and enforces legislation in the mortgage brokers, payday lenders, real estate, securities, insurance, pensions, credit unions, trust and loan companies, cooperatives, and a wide range of other consumer legislation. If your complaint relates to an area outside of FCNB’s regulated areas, we may refer you to the appropriate reporting agency or organization.