News & Analysis as of

Financial Institutions New Legislation Elder Abuse

Orrick, Herrington & Sutcliffe LLP

Maine enacts statute providing guidance for suspected elder abuse

On June 9, the governor of Maine approved SP 586, which contains provisions related to how financial institutions can address suspected elder abuse. The legislation permits financial institutions and credit unions to disclose...more

Bressler, Amery & Ross, P.C.

Florida Adopts Additional Protections for Senior Investors in the 2025 Legislative Session

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

Faegre Drinker Biddle & Reath LLP

Having a Senior Moment: Recent Legislation and Rules to Protect Seniors from Financial Exploitation

In recent years there has been a spate of legislation and rules passed to protect senior investors. Similarly, observers of FINRA’s and the SEC’s annual priorities will, of course, have noticed both bodies’ inclusion of elder...more

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