SEC Commissioner Caroline Crenshaw emphasized the need to protect U.S. service members from scams during her renomination testimony. The SEC, along with other agencies like the FTC and CFTC, is focusing on educating military personnel about financial safety and fraud prevention. In honor of Military Consumer Protection Month, various resources and tips, including three essential tips, are being shared to help service members, veterans, and their families manage their finances and avoid scams. The SEC specifically warned about fraudulent schemes targeting Thrift Savings Plan (TSP) accounts. Gary Gensler highlighted resources for military personnel to grow savings and invest wisely.