Saturday, May 21, 2011

SEC and FINRA explain how senior citizens get burned by marketing

Here is the report:

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http://www.sec.gov/spotlight/seniors/freelunchreport.pdf

Page 28 shows sample advertisements of how the crook financial advisors sell themselves and it gives a great indication of their future hoodwink sales strategies.

The supervisors and compliance departments of financial institutions refuse and fail to enforce honesty with their staff.

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