September 2, 2008
SEC Announces Third Seniors Summit
The SEC announced its Third Annual Seniors Summit, which will focus on helping older investors make difficult decisions about their finances and learn new ways to protect their assets as they age. It will be held on September 22.
Chairman Cox said the event will not only help educate senior citizen investors and their families, but also the investment advisers or brokers who serve them. An afternoon session tailored to financial services professionals will unveil new practices that firms use when advising senior investors, including those with diminishing capacity. The morning session, geared toward senior attendees, will present tips and advice to help senior investors ensure their money is protected and used as desired after they retire or in the event of illness or incapacity.
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