Alex J. Sabo, a Principal in the firm's Miami office, recently spoke on "Dementia Issues for Advisers and Clients” at the 50th annual SIFMA Compliance & Legal Society Seminar. Mr. Sabo, current president of the Florida Securities Dealers Association and a nationally recognized expert on senior issues, joined a panel comprised of representatives from the North American Securities Administrators Association (NASAA), the Securities Industry and Financial Markets Association (SIFMA) and the Financial Industry Regulatory Authority (FINRA). Ronald Long, Director of Regulatory Affairs and Elder Client Initiatives at Wells Fargo Advisors, served as moderator of the panel.
The panel addressed such diverse topics as detecting cognitive decline, FINRA Rules 2165 and 4512, employment law issues relating to Financial Advisers, and recent federal and state law developments. The presentation ended with lively audience participation addressing a factual scenario called “Home Security,” which focused upon an elderly client’s withdrawals from her brokerage account supposedly to acquire a home security system.
You can reach Mr. Sabo via email at asabo@bressler.com or by phone at 305-501-5485.