Seniors

How safe is the safe harbor FINRA is promising you under new rule 2165 (financial exploitation of specified adults)?  Jim Wrona, FINRA vice president and ...

Under FINRA’s new senior investor protection rules, it’s clear that the new Trusted Contact requirement applies only to non-institutional customer accounts. But what about trust ...

It seems simple enough. Starting Feb. 5, you will have to make reasonable efforts to obtain Trusted Contact information for senior accounts. But FINRA leaves ...

Don’t mess with seniors.   That’s a message FINRA has been sending with renewed vigor of late.  The SRO settled a dozen enforcement actions over allegations ...

Regulators have long looked skeptically at registered reps using professional designations that suggest special expertise in working with senior investors. But if you are careful, ...

The myth has been busted—yet again. Dawn Bennett, the former radio host of Financial Myth Busting with Dawn Bennett, who for years operated a financial ...

The SEC's complaint alleges that instead of investing the customers' money in such things as conventional brokerage accounts and so-called separately managed accounts as promised, ...

Investment advisers and broker-dealers aren’t doing enough when it comes to protecting seniors from financial fraud, a new NASAA survey reveals. Three-fourths of the respondents ...

The SEC’s ReTIRE initiative and the work of the Commission’s broker-dealer task force is continuing to bear fruit—this time in the form of another enforcement ...

The North American Securities Administrators Association characterized the recently released findings of a survey of the senior-related practices and procedures of more than 60 broker-dealers ...