{"id":2540,"date":"2025-09-11T20:24:49","date_gmt":"2025-09-11T20:24:49","guid":{"rendered":"https:\/\/www.silvermillerlaw.com\/?p=2540"},"modified":"2025-09-11T20:24:49","modified_gmt":"2025-09-11T20:24:49","slug":"understanding-your-legal-rights-under-finra-protecting-seniors-from-elder-financial-abuse-and-investment-fraud","status":"publish","type":"post","link":"https:\/\/www.silvermillerlaw.com\/blog\/understanding-your-legal-rights-under-finra-protecting-seniors-from-elder-financial-abuse-and-investment-fraud\/","title":{"rendered":"Understanding Your Legal Rights Under FINRA: Protecting Seniors from Elder Financial Abuse and Investment Fraud"},"content":{"rendered":"

Investment fraud doesn\u2019t always come in the form of a bold heist or an obvious scam. More often, it happens behind the scenes\u2014when trusted financial professionals take advantage of elderly investors or vulnerable individuals. When this happens, victims and their families are often left wondering where to turn and whether any legal remedies are available.<\/span><\/p>\n

Fortunately, investors have rights. And for those harmed by broker misconduct, one of the most powerful tools for pursuing justice is <\/span>FINRA arbitration<\/b><\/a>.<\/span><\/p>\n

At Silver Miller, we are committed to protecting seniors and others from financial exploitation\u2014and helping victims recover their losses through every legal avenue available.<\/span><\/p>\n

What Is FINRA and Why Does It Matter?<\/b><\/h3>\n

FINRA, the <\/span>Financial Industry Regulatory Authority<\/b>, is a self-regulatory organization that oversees broker-dealers and financial advisors. Its mission is to safeguard market integrity and protect investors from fraud and abuse.<\/span><\/p>\n

One of FINRA\u2019s most important functions is providing a platform for <\/span>dispute resolution<\/b>. Investors who have suffered losses due to broker misconduct\u2014such as unauthorized trading, misrepresentation, or unsuitable investments\u2014can file claims through FINRA arbitration to recover damages and other forms of legal relief.<\/span><\/p>\n

FINRA also sets licensing standards, monitors compliance, and educates the public; but for victims seeking compensation for harm wrongfully imposed upon them, arbitration is where the action happens.<\/span><\/p>\n

How Seniors Become Targets of Financial Abuse<\/b><\/h3>\n

Elder financial abuse is one of the most devastating\u2014and growing\u2014forms of exploitation. Seniors are often targeted by unethical brokers or investment advisors who manipulate them into risky, complex, or entirely fraudulent investments.<\/span><\/p>\n

Some common tactics include:<\/span><\/p>\n