FINRA Tackles Senior Financial Exploitation

Law360, New York (March 20, 2017, 10:35 AM EDT) -- Marc J. Ross

John Hitchings By the year 2050, the number of U.S. residents 65 and older is projected to more than double — from 41 million to 86 million.[1] Baby boomers, defined by the U.S. Census Bureau as those born between 1946 and 1964, have begun to retire and control about 50 percent of the total investable assets in the U.S. — more than $30 trillion in net household wealth.[2] Equally significant, by some estimates, one in five Americans aged 65 and older has been...
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