June is Elder Abuse Awareness Month, a time to raise awareness of the growing trend of financial exploitation, which has become one of the most prevalent forms of abuse targeting the senior population. During the 2025...more
6/4/2025
/ Beneficial Owner ,
Broker-Dealer ,
Elder Abuse ,
Exploitation ,
Financial Institutions ,
Florida ,
Governor DeSantis ,
Investment Adviser ,
Investor Protection ,
New Legislation ,
Regulatory Reform ,
Securities and Exchange Commission (SEC) ,
Securities Regulation
On April 21, New Jersey became the 50th and final state to adopt the Best Interest standard for annuity transactions. The new New Jersey standard is based on the National Association of Insurance Commissioners (NAIC)...more
On December 4, an Interagency Statement on Elder Financial Exploitation (the “Interagency Statement”) was issued by the Board of Governors of the Federal Reserve System (FRB), Consumer Financial Protection Bureau (CFPB),...more
During the 2024 Legislative session, the Florida Legislature passed Senate Bill 556, “Protection of Specified Adults”, which was signed into law by Governor Ron DeSantis on May 28, 2024....more