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Regulators Release New Report to Assist Financial Services Firms in Serving Older Investors

News release: “As part of the Securities and Exchange Commission’s third annual Seniors Summit held in Washington today, the staff of the SEC along with the Financial Industry Regulatory Authority (FINRA) and the North American Securities Administrators Association (NASAA) released a joint report outlining practices that financial services firms can use to strengthen their policies and procedures for serving older investors as they approach and enter retirement.”

  • The regulators’ joint report — Protecting Senior Investors: Compliance, Supervisory and Other Practices Used by Financial Services Firms in Serving Investors — provides practical examples of proactive steps being taken financial services firms in serving senior investors.
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