Seniors
May 22, 2007
NASAA Offers Tips on How to Talk to Aging Parents About Senior Investment Fraud
WASHINGTON (May 22, 2007) — They talked about the birds and bees with you, now it’s your turn to talk dollars and sense when it comes to your parent’s financial future and how to avoid losing their nest egg to financial fraud. Free lunch seminars, high-pressure phone calls, and endless mail guaranteeing high returns with […]
July 17, 2006
NASAA Survey Shows Senior Investment Fraud Accounts for Nearly Half of all Complaints Received by State Securities Regulators
Unregistered Securities, Variable and Equity Indexed Annuities Most Pervasive Financial Products Involved in Senior Investment Fraud WASHINGTON (July 17, 2006)—With the first ‘Baby Boomers’ turning 60 this year, state securities regulators warned today that investment fraud among seniors, which already accounts for nearly half of all investor complaints received by state securities regulators, could grow significantly […]
May 8, 2006
SEC and NASAA Launch Program to Protect Senior Investors
Joint Initiative Includes Aggressive Enforcement, Targeted Examinations, and Investor Education and Outreach Programs Washington, D.C. (May 8, 2006) – Securities and Exchange Commission Chairman Christopher Cox and North American Securities Administrators Association President Patricia D. Struck today announced a joint national initiative designed to protect seniors from investment fraud and sales of unsuitable securities. The initiative, […]
March 29, 2006
NASAA Identifies Threats to Senior Investors in Senate Testimony
State Securities Regulators Outline Initiatives to Protect Seniors from Investment Fraud WASHINGTON, D.C. (March 29, 2006) — The North American Securities Administrators Association (NASAA) today identified three troubling trends endangering the retirement nest eggs of our nation’s growing senior population and outlined the steps state securities regulators are taking to protect senior investors from fraud. “My […]
December 12, 2005
Regulators Urge Investors to Carefully Check Credentials of ‘Senior Specialists’
WASHINGTON, DC (December 12, 2005) —The North American Securities Administrators Association (NASAA) today urged seniors to carefully check the credentials of individuals holding themselves out as “senior specialists.” “Individuals may call themselves ‘senior specialists’ to create a false level of comfort among seniors by implying a certain level of training on issues important to the […]
December 12, 2005
Senior Investor Alert: Senior Specialist Designations
Seniors should carefully check the credentials of individuals holding themselves out as “senior specialists.”
August 17, 2004
NASAA Outlines Efforts to Fight Senior Investment Fraud
WASHINGTON (August 17, 2004) — North Dakota Securities Commissioner Karen Tyler, on behalf of the North American Securities Administrators Association (NASAA), today outlined the important role states play in providing financial education to help combat investment fraud against seniors. “Informed investors make tough targets for financial predators. Financial education is the first defense against investment […]
March 23, 2004
Seniors Face Growing Risk of Internet Investment Fraud, State Securities Regulator Tells Senate Panel
WASHINGTON—Squeezed by rising medical costs and lower returns on income-generating investments, seniors are increasingly turning to the Internet for alternative investment opportunities and are more vulnerable than ever to online investment scams, a representative of the North American Securities Administrators Association (NASAA) told a Senate committee today. “With the Internet becoming a common part of […]
September 4, 2003
State Securities Cops: Senior Investors Facing a Perfect Storm for Investment Fraud
State Regulators Announce Initiatives to Help Seniors Weather Dangerous Times WASHINGTON (September 4, 2003)– Volatile stock markets, record low interest rates, rising health care costs, and increasing life expectancy, have combined to create a perfect storm for investment fraud against senior investors, state securities regulators warned today. The North American Securities Administrators Association (NASAA), which […]
July 19, 1999
