Thank you for sharing!

Your article was successfully shared with the contacts you provided.

WASHINGTON – To help thwart the growing number of investment fraud cases against senior citizens, the Securities and Exchange Commission was scheduled to hold its first-ever Seniors Summit July 17. The summit’s agenda will include a session on seniors and investment fraud, an enforcement and examination update, and a panel discussion from SEC staff and persons from other organizations. The summit will also include the unveiling of a study funded by the NASD Investor Education Foundation that explores why the elderly are victimized by fraud crimes. “Today’s older Americans are living longer and healthier, and therefore investing more, than any previous generation. That trend toward longevity is expected to continue. As a result, older Americans will be more vulnerable to financial fraud than ever before,” said SEC Chairman Christopher Cox. “Those who would rob older Americans of their retirement nest eggs steal more than hopes and dreams-they erode the trust on which our entire financial system and economy depend. That makes protecting seniors an urgent priority.” Cox was scheduled to serve as a moderator at the summit.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times
Live Chat

Copyright © 2022 ALM Media Properties, LLC. All Rights Reserved.