Preventing College Athletes from Being Scammed: A Conversation with Supervisory Attorney Adviser Malinda Pileggi on the SEC's Efforts to Protect these Athletes

The growing professionalization of college sports has meant that many young athletes receive compensation for their name, image, and likeness (NIL). In the near future, they may also receive salaries and additional benefits; giving them access to considerable sums of money and, with it, the potential for being victimized by fraudsters and scammers who may target these athletes because of their financial situation, notoriety, and popularity. In this episode of the Sports Business Podcast with Prof. C. we explore the outreach efforts of the Chicago Regional Office of the Securities and Exchange Commission to educate college athletes about the SEC, the specific roles and responsibilities of investment professionals, the scope of financial fraud, and tips to help avoid being a fraud victim. Malinda Pileggi, a Supervisory Attorney Adviser in the Division of Examinations at the SEC's Chicago Regional Office, joins the podcast to discuss these programs. Tune in for an informative and timely conversation on safeguarding the financial futures of college athletes. Host: Mark Conrad Producer: Victoria Ilano Additional Production: Jeffrey Haynes Artwork: Pamela V. White Marketing: Michelle Miller Music: ”MarcusWay/Energetic Pop Punk/Tribe of Noise”