Senior credentials in regulatory spotlight…again
June 19, 2013 by Harry Lew
In a case of back to the future, senior designations are receiving regulatory attention after the new Consumer Financial Protection Bureau (CFPB) issued a scathing report criticizing their use. Designations for advisors who work the senior marketplace were the focus of reforms about five years ago, but CFPB believes more must be done.
“With such a bewildering array of titles and acronyms, it is no wonder that older Americans are confused and misled by these titles,” said CFPB Director Richard Cordray.
Originally Posted at LifeHealthPro on June 14, 2013 by Harry Lew.
Categories: Industry Articles
