State Securities Regulators: Seniors Remain Primary Target for Fraud

WASHINGTON, D.C. – The North American Securities Administrators Association (NASAA) reported that senior investors continue to be a primary target for fraudulent investment pitches. In its 2015 Enforcement Report on 2014 Data, released Sept. 22, NASAA reported that affinity fraud and unregistered securities scams disproportionately affect seniors. More than half of all reported enforcement actions that involved...
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