Bill Targets Advisers Defrauding Seniors

NJBIZOctober 02, 2009

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Summary


The bill, A-3913, prohibits advisers from advertising that they are certified to provide services specifically to seniors if they haven't earned the certification. The legislation follows a similar bill last year that barred annuity sellers from misrepresenting that they are certified to advise seniors.

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Bill Targets Advisers Defrauding Seniors

Financial advisers will be penalized for misrepresen...

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