September 29, 2015

The Board of Directors of the North American Securities Administrators Association, Inc. (“NASAA”) is seeking comment on proposed model legislation to protect vulnerable adults from financial exploitation. As explained more fully below, the proposed Model Act gives industry participants and state regulators new tools to help detect and prevent financial exploitation of vulnerable adults.

Public Comment Period

The public comment period is from September 29, 2015 to October 29, 2015. To facilitate consideration of comments, please send comments to Lynne Egan (MT), Chair, Senior Issues and Diminished Capacity Committee (; Patricia Struck (WI), Vice-chair, Senior Issues and Diminished Capacity Committee (; and Christopher Staley, Counsel, NASAA (

We encourage, but do not require, comments to be submitted by e-mail. Hard copy comments may be submitted at the address below.

NASAA Legal Department
Christopher Staley, Counsel
750 First Street, NE, Suite 990
Washington, DC 20002