{"id":661,"date":"2017-06-07T16:21:45","date_gmt":"2017-06-07T16:21:45","guid":{"rendered":"http:\/\/localhost\/?p=661"},"modified":"2017-06-07T16:21:45","modified_gmt":"2017-06-07T16:21:45","slug":"sleuthing-through-state-elder-financial-exploitation-laws-a-morass-for-broker-dealers","status":"publish","type":"post","link":"https:\/\/bdia.pli.edu\/index.php\/2017\/06\/07\/sleuthing-through-state-elder-financial-exploitation-laws-a-morass-for-broker-dealers\/","title":{"rendered":"Sleuthing Through State Elder Financial Exploitation Laws\u2014 A Morass for Broker-Dealers"},"content":{"rendered":"

The issues for broker-dealers are complicated because a good deal of research (or sleuthing) needs to be undertaken to grasp the breadth of potential liability a broker-dealer may face for not<\/em> reacting to an indication of senior exploitation among the broker-dealer\u2019s client base. This is an area where red flags mean everything and consistency in the law is a goal still to be achieved. In short, each state endeavors to protect its elderly and vulnerable populations from financial exploitation in its own unique way. A broker-dealer cannot wait until a particular case of potential financial exploitation presents itself; the complexity of determining the broker-dealer\u2019s obligations under state law, if not researched in advance, could cause a broker-dealer to unwittingly expose itself to civil and\/or criminal liability.<\/p>\n

Read More Here<\/a><\/p>\n

Additional contributors to this post:<\/p>\n

Holly H. Smith<\/a>, \u00a0hollysmith@eversheds-sutherland.com<\/a><\/p>\n

Sarah Razaq Sallis<\/a>,\u00a0sarahsallis@eversheds-sutherland.com<\/a><\/p>\n
<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The issues for broker-dealers are complicated because a good deal of research (or sleuthing) needs to be undertaken to grasp the breadth of potential liability a broker-dealer may face for not reacting to an indication of senior exploitation among the broker-dealer\u2019s client base. This is an area where red flags mean everything and consistency in … Continue reading Sleuthing Through State Elder Financial Exploitation Laws\u2014 A Morass for Broker-Dealers<\/span> →<\/span><\/a><\/p>\n","protected":false},"author":57,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[23,21,22],"tags":[],"class_list":["post-661","post","type-post","status-publish","format-standard","hentry","category-compliance","category-regulatory","category-standard-of-care"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t