Seniors

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 ...

The SEC alleges that, while serving the supervised release portion of his criminal sentence in United States v. Abdallah, 09-cr-717 (E.D.N.Y.), Abdallah used a fictitious ...

The counts of the criminal indictment to which Wetzel pleaded guilty alleged, among other things, that from July 2010 through September 2012, Wetzel misappropriated $1,282,224.32 ...

At all times relevant, Tricarico acted as a financial advisor for a victim, E.A., who was elderly and required extensive medical attention. E.A. entrusted her ...

Come next February, broker-dealers will have a few more tools in their arsenal to protect their senior customers from financial exploitation. The SEC March 30 ...

The Ohio rep pled guilty to three counts of theft from an elderly person or disabled adult in the third degree and three counts of ...

It appears that Daniel Glick was a classic recidivist who preyed on senior investors. The Chicago-based investment adviser and his unregistered investment advisory firm Financial ...

FINRA’s exam priorities letter could not be clearer: “Protecting senior investors will remain a top priority in 2017.”  But a series of recent enforcement cases ...