FINRA Proposes Expansion of Safe Harbor in Cases of Suspected Financial Exploitation
By EsqSocial Corporation 27/10/20
Thwarting the financial exploitation of seniors and other vulnerable investors has been an increasing focus of several financial regulators in recent years, including the Financial Industry Regulatory Authority (“FINRA”). In 2017, FINRA adopted Rule 2165 (Financial Exploitation of Specified Adults) (“Rule 2165”) as a way for its member firms to respond when they reasonably suspect financial exploitation of vulnerable investors.....
By: King & Spalding