SIFMA Spotlight: Protecting Our Senior Investors

The threat of cognitive decline grows as investors age, and recent research has shown that even high functioning adults can suffer from some level of diminished capacity as part of ‘normal’ aging. Unfortunately, this same group is one of the most heavily targeted by fraudsters and others seeking to exploit them. An astounding 1 in 5 Americans aged 65 or older have been victimized by financial fraud, often by those closest to them.

SIFMA is committed to finding solutions that help financial advisors protect their senior clients from exploitation and fraudulent practices.

Watch this video to find out how SIFMA is working with the financial industry, academics, and state and federal policymakers to advance policies, practices, rules, regulations and laws that enhance senior investor protections.