FINRA

Protecting the Most Vulnerable: How FINRA Enforcement Prioritizes Senior Investors

Protecting the Most Vulnerable: How FINRA Enforcement Prioritizes Senior Investors

You can't talk about investor protection without talking about senior investors, according to Chris Kelly, deputy head of FINRA Enforcement and head of Main Enforcement and Sales Practice Enforcement. In recent years, there has been a substantial increase in the number of cases involving the exploitation of senior investors and the results are often devastating, especially for seniors who may be out of the workforce and living on a fixed income. That’s why protecting senior investors is a priority for FINRA Enforcement. On this episode, Kelly shares how FINRA is working to protect this segment of the population and what firms can do to work with FINRA in this important effort.Resources mentioned in this episode:Episode 57: Securities Helpline for Seniors: Celebrating 5 Years Episode 59: Protecting Investors and Markets in Good Times and BadRegulatory Notice 19-36Under the Radar: New York State Elder Abuse Prevalence StudyCFPB: Suspicious Activity Reports on Elder Financial Exploitation

Duration: 18 min

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