SL03 - Protecting Seniors and Vulnerable Adults from Financial Exploitation: Legal Developments, State Resources, and Broker-Dealer Best Practices

Date/Time: 
10/20/2020 - 12:00pm to 10/20/2020 - 1:15pm
Room: 
TBA

Financial exploitation of seniors remains a significant problem in the U.S. and is projected to worsen as our population grows older. Cognitive impairments such as Alzheimer’s disease and dementia are also projected to rise as the population grows older, further increasing the vulnerability of seniors. This panel will explore recent developments in the law, regulations, and FINRA rules to protect seniors and other vulnerable adults from financial exploitation, the obligations and best practices of financial institutions servicing their accounts, and resources for victims of financial abuse.