In a move to protect investors from potential fraud and scams, the Alabama Securities Commission (ASC) announced on February 23, 2026, that they have initiated a crackdown on unregistered securities offerings in the state.According to Joseph Borg, Director of the ASC, the commission has identified multiple companies and individuals who have been engaging in the sale of unregistered securities without proper authorization. These offerings often promise high returns with little to no risk, luring unsuspecting investors into potentially illegal schemes.Borg warned investors to be wary of any investment opportunities that seem too good to be true and urged them to do their due diligence before committing any funds. He emphasized the importance of working with registered brokers and investment advisors to ensure that their investments are legitimate and compliant with state regulations.The ASC has already taken enforcement actions against several individuals and companies found to be in violation of Alabama securities laws. These actions include cease and desist orders, fines, and criminal charges for those knowingly participating in fraudulent activities.In addition to cracking down on unregistered securities offerings, the ASC is also ramping up efforts to educate the public about the dangers of investing in unregistered securities. They have launched a public awareness campaign to help investors recognize red flags and avoid falling victim to investment scams.Investors who suspect they may have been targeted by a fraudulent securities offering are encouraged to contact the ASC immediately to report their concerns. The commission is committed to protecting investors and holding accountable those who seek to exploit them for financial gain.As the ASC continues to monitor the securities landscape in Alabama, they are urging investors to remain vigilant and to seek guidance from licensed professionals before making any investment decisions. By working together to combat fraudulent activities, the ASC hopes to safeguard the financial well-being of Alabama residents and maintain the integrity of the state's securities markets.