SEC looks at what online investors do

SEC looks at what online investors do

The Securities and Exchange Commission this month began surveying investors to learn how they use electronic media to make decisions.

SEC acting chairman Laura S. Unger said the results of the Web survey will help the commission allocate its information technology budget on initiatives such as portals.

The survey, which began early this month, will be online through July 1. About 3,000 investors, mostly individuals, had returned surveys as of last week, the commission reported.

'The results will give us valuable insights as we continue to develop programs and policies to help investors profit from technology while avoiding potential pitfalls,' Unger said.

The two-page survey, which pops up from a link at www.sec.gov, asks investors about expectations, experiences and trading habits.

'D. Bhambhani

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