Wall Street's industry-funded watchdog will soon publish the latest in a series of warnings to investors, this time about the risks of alternative securities, its chief said on Tuesday. Low interest rates and worries about investing in stocks continue to push investors toward higher yielding securities that can be difficult to cash in, Richard Ketchum, chairman and chief executive of the Financial Industry Regulatory Authority, told Reuters reporters and editors attending Reuters Global Wealth Management Summit. The regulator has seen a "steady shift" toward alternative securities in recent years, he said, adding that not all advisers or investors understand those products, and investors do not always understand that higher yields come with the risk of not being able to withdraw their money. One area of potential concern: investment vehicles that invest in shares of various hedge funds, Ketchum said. FINRA periodically issues warnings to investors about risky securities and stepped
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