Senior and Vulnerable Adult Clients: Are You Protecting Your Clients and Your Firm?
The U.S. population is aging – is your firm ready to handle the issues that come with having senior and vulnerable adult clients? SEC recently approved FINRA’s new rules to increase protections for vulnerable investors and to provide firms with guidelines to ensure these protections are in place. Although the new rules broadly define those deserving additional protections, it is clear the regulators are focusing on safeguarding the growing population of senior adults.
Join Oyster Consulting for a 45-minute webinar as our panelists discuss:
- The New Rules and State Regulations: We will discuss the new FINRA rule requirements. Those include disbursement holds where financial exploitation of a senior or vulnerable adult client is suspected, and designation of a trusted contact person. We will also discuss current state regulations addressing these same concerns.
- What Firms Should Be Doing Now: Learn about FINRA and state requirements for new written policies and procedures, and books and records maintenance/production around vulnerable adult issues.
- Preparing for New Rule Implementation: Help ensure your firm will be ready for the rules to take effect.
Please send your questions, in advance, to Libby Hall at Oyster Consulting, email@example.com.
For more information about how Oyster Consulting can assist your firm with its regulatory compliance needs, complete our contact form or call us at 804.965.5400 and one of our Relationship Managers will be happy to help you.