The North American Securities Administrators Association (NASAA) and the Securities and Exchange Commission (SEC) are hosting a roundtable to discuss the latest challenges and issues that impact senior citizen investors.
The Older Investor Roundtable, featuring the American Association of Retired Persons (AARP), will take place on April 28 at 10:00 a.m. (ET). It will be broadcasted publicly on sec.gov.
The roundtable will include SEC Chair Gary Gensler, Investor Advocate Rick Fleming, and NASAA Senior Issues and Diminished Capacity Chair Richard Szuch. They will be joined by older investors, consumer advocates, and financial professionals from across the United States.
“This Roundtable is an important and timely platform to bring together Main Street investors and the securities regulators who protect them from investment fraud,” NASAA President and Maryland Securities Commissioner Melanie Senter Lubin said. “State securities regulators remain focused on protecting older investors and we look forward to working with the SEC and organizations such as the AARP to strengthen investor protection.”
It provides a unique opportunity for senior investors to present their ideas and experiences to these high-ranking federal regulators.
“The panelists represent the millions of voices of senior citizens across the country, particularly those impacted by securities fraud,” AARP Executive Vice President and Member of the SEC’s Investor Advisory Committee Nancy LeaMond said.
NASAA’s Senior Issues and Diminished Capacity Committee was created in 2014 to address a wide range of challenges confronting investors, regulators, and securities industry professionals in the vulnerable investor space.
“We appreciate these roundtables because they allow us to hear directly from retail investors and draw from a diversity of thought, backgrounds, and experiences. Listening to the investors’ experiences allows the staff of the Commission to better anticipate the community’s needs, evaluate policy, and ultimately protect investors,” SEC Investor Advocate Fleming said.