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FINRA seniors’ hotline leads to US$4.3 million in reimbursements

The checklists on cognitive decline and financial exploitation will help advisors prepare for the challenges of working with aging investors

FINRA seniors’ hotline leads to US$4.3 million in reimbursements

Guidance says dealers and reps have an important role in preventing financial exploitation

State securities regulators to offer training to broker-dealers and investment advisors

  • March 30, 2016 December 19, 2017
  • 14:05

The act will create incentives for advisors to report possible exploitation as soon as possible

CFP Symposium: Protecting older clients from financial abuse

John Poyser, partner, Tradition Law LLP, Estates and Trusts, explains four steps you must take to protect your client and your practice if you suspect a wealthy, older client is vulnerable to financial abuse.

The proposals are out for comment until Nov. 30

NASAA’s proposal, which is now out for a 30-day comment, was introduced at its annual conference in San Juan, Puerto Rico, on Tuesday

Proposed rule would permit firms to place temporary holds on accounts in cases of suspected financial exploitation

Missouri law will give brokers a way to contact the necessary authorities when they suspect senior clients being financially exploited

AMF and NASAA encouraging public to report financial exploitation of seniors and to have honest conversations about fraud