The Alberta Securities Commission (ASC) is urging Albertans to “Check First” before they make a decision about where to invest their income tax refunds.

During the month after the tax filing deadline, many companies start to promote investment opportunities, encouraging investors to use income tax refunds to “start early this year”. The ASC reminds investors to research any opportunity before making a financial decision.

The securities regulator offers the following tips:

> be wary of unsolicited investments;

> take time to review your investment goals;

> conduct a background check;

> be aware of the latest investment scams; and

> if you suspect a scam, report it.