Seniors

This document request letter, sent to an advisory firm, asks about senior clients.

First FINRA created the ability of a broker to stop a money transfer if it suspects senior fraud (BD Watch, Jan. 4, 2018). Now the ...

Endres placed a number of her clients, some of whom were elderly, into an unsuitable, highly speculative investment strategy based on the short-term trading of ...

You represent that financial exploitation of seniors and other vulnerable adults is a serious problem, with substantial amounts lost annually to senior financial abuse.

President Trump has sign S. 2155 into law. The bi-partisan financial reform legislation cleared Congress this week. It allows hedge and private equity fund advisers to carry a name matching ...

Vaccarelli fraudulently persuaded several elderly customers to invest with him. Instead of investing the customers' money in such things as conventional brokerage accounts and so-called ...

Texas-sized returns of up to 36% per year were being touted to elderly investors located in the Lone Star state and Louisiana. “Polished sales pitches”—often ...

SEC Charges Texas Company, Principals in Multimillion Dollar Ponzi Scheme Targeting Seniors

For the SEC’s Enforcement Division it is a textbook case illustrating one of the Commission’s current core focus areas—unsophisticated retirees liquidating their annuities to invest ...

The Securities and Exchange Commission yesterday charged the pastor of one of the largest Protestant churches in the country and a self-described financial planner in ...