Advisors Empowered to Fight Elder Abuse

Written by SAFE on April 5, 2017. Posted in News Articles

By Barrons on 03/31/2017

“…The new rule has been approved by the SEC and will go into effect in February 2018. It requires securities firms to make “reasonable efforts” to obtain contact information for a person trusted by the account holder. The information will allow the companies to notify a family member or someone close to the customer if fraud or abuse is suspected. …”

Read the entire article: http://www.barrons.com/articles/advisors-empowered-to-fight-elder-abuse-1490980768