SEC, NASAA and FINRA aim to shield seniors from investment fraud
The North American Securities Administrators Association is soliciting comment on a proposed model rule concerning the use of senior-specific certifications and professional designations. The proposed rule prohibits the misleading use by any person of senior and retiree designations, and it provides a means by which an administrator may recognize the use of certain designations which […]
Senior investors are being targeted through “free lunch” investment seminars
More workers will leave labour force than enter it within 10 years
More older men and women participating in the labour force
Employment among older Canadians has also increased
Initiative includes aggressive enforcement, targeted examinations, and investor education and outreach programs
Credentials of “senior specialists” may be suspect
Theatre tickets, special food items, a limo to go shopping — choose gifts that will show clients you have been listening