Recent industry trends show that there is an increasing concern regarding the investments being requested by and recommended to, senior citizens. While elder fraud is not wide spread problem, regulators are trying to head off any problem, and are conducting examinations and audits of procedures designed to prevent an issue from occurring.
Firms need to carefully review the types of securities being sold to seniors, to train their RRs on specific senior issues, including aging, diminished capacity, elder abuse the exploitation.
The attorneys of Sallah Astarita & Cox have represented brokers and firms as well as senior investors for decades, and are available to conduct a seminar at your firm or organization regarding these issues.
Contact Mark Astarita at 212-509-6544 to learn more about our free seminar for your firm or organization.