- The Landscape of Financial Exploitation Rules: Part 1
- December 19, 2017 | Authors: Clifford E. Kirsch; Sue (Seung Hyun) Lee; Ben Marzouk
- Law Firms: Eversheds Sutherland (US) LLP - New York Office; Eversheds Sutherland (US) LLP - New York Office; Eversheds Sutherland (US) LLP - Washington Office
As the baby-boomer generation exits the workforce and transitions into retirement, senior investors will begin accessing their retirement savings. To prevent abuse, financial institutions should carefully review the emerging federal and state framework regulating the financial exploitation of senior investors and adjust accordingly.In their article for Law360, the first in a two-part series, Eversheds Sutherland attorneys Clifford Kirsch, Sue Lee and Ben Marzouk provide an overview of the general landscape of rules regulating financial exploitation of senior investors.