FINRA Rule Prevents Financial Advisors Exploiting Senior Clients
Monday, December 14, 2020 Recently, the Financial Industry Regulatory Authority (FINRA) issued a new regulation to protect investors from unscrupulous financial advisors and brokers. Rule 3241 limits the ability of a broker-dealer to be named as a beneficiary, executor, trustee, or power of attorney for one of their customers. Broker-dealers must provide written notice to their firm, and the firm must assess the situation and determine whether to approve or disapprove of the fiducia...
Financial Industry Regulatory Authority Advisor Exploitation Preventing Elder Financial நிதி தொழில் ஒழுங்குமுறை அதிகாரம் ப்ரிவெஂடிஂக் மூத்தவர் நிதி
Source: natlawreview.com