[May
09, 2013]WASHINGTON -- The Consumer Financial
Protection Bureau posted the information below on its website:
(Copy)
The Dodd-Frank Wall Street Reform and Consumer Protection Act directs the Office
of Financial Protection for Older Americans in the Consumer Financial Protection
Bureau (CFPB or Bureau) to make recommendations to Congress and the Securities
and Exchange Commission on the best practices for (i) disseminating information
regarding the legitimacy of certifications of financial advisers who advise
seniors; (ii) methods in which a senior can identify the financial adviser most
appropriate for the senior's needs; and (iii) methods in which a senior can
verify a financial adviser's credentials.
