Protecting Older Investors: What You Need to Know About the Senior Safe Act

Posted on June 19, 2018

Wed, Jun 27, 2018  ||  2:00 PM - 3:00 PM EDT

On June 27, IRI hosted a webinar on how the Senior$afe Act will be implemented now that it is law.  Roughly 150 people heard expert advice from Susan Grafton with Dechert LLP, and Ron Long, with Wells Fargo Advisors. The webinar was the first in a series and a key component of RI’s continued focus on Protecting Older Investors.

Elder financial abuse impacts over 5 million Americans each year, costing older investors at least $2.9 billion per year. Congress recently passed and the President has signed into law the “Senior Safe Act”. This new law will help to prevent older investors from becoming financial exploitation victims because it empowers and encourages financial professionals to be trained in recognizing cases of exploitation, and provides new liability protections for reporting cases of suspected exploitation of older investors to law enforcement and other appropriate governmental agencies.

The learning objectives of this webinar were:

  • Find out what the new federal law does to help you act as the first line of defense in combating senior financial exploitation
  • Understand who is covered by the new law and what you need to do to receive the immunity from liability under the terms of the new law
  • Learn more about the content and requirements of the training you must have to receive the immunity protection under the new law
Moderated by Paul Richman, Vice President, Government Affairs, IRI.





Susan Grafton
Dechert LLP

Ron Long
Director of Regulatory Initiatives and Elder Client Initiatives
Wells Fargo

View a recording of this webinar below. Click here to download a copy of the presentation.