The Securities Litigation Expert Blog

Protecting Senior Investors - Finra Product Focus Areas

Posted by Jack Duval

Mar 19, 2013 6:15:00 AM

This blog post continues our expert analysis of complex investments and their regulation.

Finra has delineated a number of products to focus on regarding sales to senior investors.  (NTM 07-43)  Some of these include:


    • Any products with withdrawal penalties, including: Variable Annuities, Variable Life Settlements, Equity Indexed Annuities, REITs, and Limited Partnerships;

    • Complex Structured Products

    • Home Equity Lines of Credit

    • Early Retirement (Rule 72T Withdrawals)


Compliance officers and supervisors should take note of these as the Baby Boom generation moves into the senior investor category.

Our previous coverage of senior investors can be found here, here, and here.

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Topics: FINRA, NTM 07-43, Investment Advisors, Senior Investors, investments, SEC, Structured Products, Compliance, regulation., Complexity

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