Protecting Seniors from Financial Scams

I have been in the financial industry most of my life, and I have seen a trend in recent years. A major focus of the financial and securities industry regulators at all levels of government is to protect senior investors and others who may have a diminished capacity from financial fraud and scams.  Who is mostly at risk?  An elder adult defined as any individual age 60 or older, or a vulnerable adult defined as a person over 18 with a physical or mental limitation that restricts their ability to take care of themselves.

These at-risk groups are vulnerable to different types of exploitation, or physical or mental abuse or neglect. 

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