{"id":892,"date":"2017-05-31T20:47:21","date_gmt":"2017-06-01T00:47:21","guid":{"rendered":"http:\/\/www.elderfinancialfraudattorneys.com\/?p=892"},"modified":"2018-10-04T15:45:18","modified_gmt":"2018-10-04T19:45:18","slug":"sec-takes-action-reduce-instances-senior-fraud","status":"publish","type":"post","link":"https:\/\/www.silverlaw.com\/blog\/sec-takes-action-reduce-instances-senior-fraud\/","title":{"rendered":"SEC Takes Action to Reduce Instances of Senior Fraud"},"content":{"rendered":"<p><img decoding=\"async\" class=\"alignleft\" src=\"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2017\/05\/iStock-182178688.jpg\" alt=\"iStock-182178688.jpg\" \/><\/p>\n<h2 style=\"text-align: justify;\">New rules are intended to assist financial institutions in reducing the amount of investment fraud targeting seniors and other vulnerable investors.<\/h2>\n<p style=\"text-align: justify;\">Senior investment fraud. Elder fraud. Elder financial abuse. Scamming older investors. No matter what it is termed, this unfortunate activity takes place at a far greater rate \u2013 with far greater losses \u2013 than necessary. In fact, a <a href=\"https:\/\/www.metlife.com\/assets\/cao\/mmi\/publications\/studies\/2011\/mmi-elder-financial-abuse.pdf\"  rel=\"noopener\" target=\"_blank\"><span style=\"text-decoration: underline;\">2011 MetLife study<\/span><\/a> found that the losses of elder financial abuse victims are at least $2.9 billion annually.<\/p>\n<h3 style=\"text-align: justify;\">Why is elder financial fraud so prevalent?<\/h3>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.silverlaw.com\/blog\/sec-takes-action-reduce-instances-senior-fraud\/\"  title=\"Continue Reading SEC Takes Action to Reduce Instances of Senior Fraud\" class=\"more-link\">Continue reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>New rules are intended to assist financial institutions in reducing the amount of investment fraud targeting seniors and other vulnerable investors. Senior investment fraud. Elder fraud. Elder financial abuse. Scamming older investors. No matter what it is termed, this unfortunate activity takes place at a far greater rate \u2013 with far greater losses \u2013 than [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":893,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1100],"tags":[1122],"class_list":["post-892","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-senior-fraud"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SEC Takes Action Against Elder Financial Fraud<\/title>\n<meta name=\"description\" content=\"New regulations from SEC intended to assist financial institutions in reducing instances of senior investment fraud.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.silverlaw.com\/blog\/sec-takes-action-reduce-instances-senior-fraud\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"SEC Takes Action Against Elder Financial Fraud\" \/>\n<meta name=\"twitter:description\" content=\"New regulations from SEC intended to assist financial institutions in reducing instances of senior investment fraud.\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2017\/05\/iStock-182178688.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Silver Law Group\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"SEC Takes Action Against Elder Financial Fraud","description":"New regulations from SEC intended to assist financial institutions in reducing instances of senior investment fraud.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.silverlaw.com\/blog\/sec-takes-action-reduce-instances-senior-fraud\/","twitter_card":"summary_large_image","twitter_title":"SEC Takes Action Against Elder Financial Fraud","twitter_description":"New regulations from SEC intended to assist financial institutions in reducing instances of senior investment fraud.","twitter_image":"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2017\/05\/iStock-182178688.jpg","twitter_misc":{"Written by":"Silver Law Group","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.silverlaw.com\/blog\/sec-takes-action-reduce-instances-senior-fraud\/#article","isPartOf":{"@id":"https:\/\/www.silverlaw.com\/blog\/sec-takes-action-reduce-instances-senior-fraud\/"},"author":{"name":"Silver Law Group","@id":"https:\/\/www.silverlaw.com\/blog\/#\/schema\/person\/de64d999508b1ad10d608a99f0d2e752"},"headline":"SEC Takes Action to Reduce Instances of Senior Fraud","datePublished":"2017-06-01T00:47:21+00:00","dateModified":"2018-10-04T19:45:18+00:00","mainEntityOfPage":{"@id":"https:\/\/www.silverlaw.com\/blog\/sec-takes-action-reduce-instances-senior-fraud\/"},"wordCount":632,"image":{"@id":"https:\/\/www.silverlaw.com\/blog\/sec-takes-action-reduce-instances-senior-fraud\/#primaryimage"},"thumbnailUrl":"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2017\/05\/iStock-182178688.jpg","keywords":["Senior 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