Complimentary Webcast produced by Complinet

Don't Miss our High-Level Panel of Speakers!

Lourdes Gonzalez Assistant Chief Counsel for Sales Practices SEC	Daniel Sibears Executive Vice President, Member Regulation Programs FINRA
Karen Tyler President NASAA	Alex Viall Editor-in-Chief Complinet

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According to the SEC, an estimated 10,000 Americans will turn 60 each day over the next 20 years. And all over the country these seniors are being targeted by fraudsters eager to tap into their burgeoning retirement funds. As evidenced by the number of enforcement actions popping up and education programs being created, the regulators are responding.

As the baby boomers continue to retire, the likelihood of an increase in fraudulent investment schemes becomes even greater. The growing list of complaints and disreputable transactions has regulators scrambling to protect this sector of the US population – firms are being held responsible. Just some of the faults that firms must account for include not properly supervising communications to seniors, not specifying suitability of products and strategies directed at seniors and the misuse of professional designations.

Not surprisingly, regulatory focus has landed square on the shoulders of compliance professionals. Policies and procedures should be updated to promote best practices when dealing with senior investors to help protect the firm and its clients. The aging population, and its investable savings, can mean a windfall for firms that play by the rules and ruin for those that do not.

Join us for the complimentary webcast, Selling to Silver Surfers: Fraudsters target seniors and the regulators respond, on Thursday December 6, 2007 at 2:00pm EST to explore the topic of selling to seniors and learn how you can protect your firm and your senior customers from deceitful investment schemes.