Pay Invoice

Elder Law Blog


SEC Approves Rules Relating to Financial Exploitation of Seniors

The SEC approved: (1) the adoption of new FINRA Rule 2165 (Financial Exploitation of Specified Adults) to permit members to place temporary holds on disbursements of funds or securities from the accounts of specified customers where there is a reasonable belief of financial exploitation of these customers; and (2) amendments to FINRA Rule 4512 (Customer Account Information) to require members to make reasonable efforts to obtain the name of and contact information for a trusted contact person for a customer’s account. New Rule 2165 and the amendments to Rule 4512 become effective February 5, 2018.

Full text of Rule:

What it takes to become a Certified Elder Law Atto...
Family of nursing home resident forced to arbitrat...

By accepting you will be accessing a service provided by a third-party external to