 You may think of boiler rooms as an old-school way to pitch highly speculative, often fraudulent investments, but these operations are still around today, reports the Financial Industry Regulatory Authority, or FINRA. Today's boiler rooms use phone calls, messaging apps, and social media to contact potential investors. If you're suspicious about unsolicited financial advice, report your concerns to FINRA, the SEC, and your state securities regulator. Learn more or report fraud at FINRA.org.