financial exploitation

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The Financial Services Roundtable and CFPB are joining forces in a nationwide public-private initiative to promote effective financial education.  According to an announcement posted on the Roundtable’s website, the CFPB and Roundtable plan to work together to facilitate the gathering and sharing of information about effective financial education strategies, to encourage adoption of financial education initiatives, especially in K-12 schools and in the workplace, and to protect older Americans from financial exploitation.  … Continue Reading

The CFPB has released four booklets to serve as guides for financial caregivers, particularly those who handle the finances of older Americans.  The booklets represent the CFPB’s latest efforts directed at carrying out its Dodd-Frank mandate to help older Americans avoid financial exploitation.  Those efforts deserve the support of industry and consumers alike. … Continue Reading