2/5/2015 – Senator says advisers need more protection in reporting elder financial abuse (InvestmentNews)

Feb 09, 2015 Comments Off by

Federal privacy laws should be clarified to protect financial advisers who tell authorities about suspected financial exploitation of the elderly, a Senate leader on senior issues said Wednesday.

Sen. Susan Collins, R-Maine, chairwoman of the Senate Aging Committee, said giving safe harbor to financial firms would help address the growing problem of elder financial abuse.

Read the full article at Investment News.

Financial Landing 2015

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