"Today's older Americans are living longer and healthier, and therefore investing more, than any previous generation. That trend toward longevity is expected to continue. As a result, older Americans will be more vulnerable to financial fraud than ever before," Chairman Cox said. "Those who would rob older Americans of their retirement nest eggs steal more than hopes and dreams - they erode the trust on which our entire financial system and economy depend. That makes protecting seniors an urgent priority."
The summit will take place in the Auditorium at SEC Headquarters, 100 F Street, N.E., Washington, D.C. The public is invited to attend on a first-come, first-served basis, but seating is limited. If you plan to attend in person please send your name in an email to RSVP@sec.gov. Attendees will also need to present a picture ID on the day of the event to pass through security.
The SEC will also offer a live audio and video webcast of the event on the SEC Web site, www.sec.gov.
10:00 - 10:10 Opening Remarks
SEC Chairman Christopher Cox
10:10 - 10:25 Overview
Patricia Struck
Wisconsin Securities Administrator
President, North American Securities Administrators Association, Inc.
(NASAA)Chris Hansen
Group Executive Officer for State and National Initiatives, AARPMary Schapiro
Vice Chairman, NASD
President, NASD Regulatory Policy and Oversight Division
10:25 - 10:55 Senior Investor Fraud StudyAnthony Pratkanis, Ph.D.
Professor, Department of Psychology, University of California, Santa Cruz
Founding Editor, Social InfluenceDoug Shadel, State Director
AARP State of Washington
10:55 - 11:05 Seniors Against Investment FraudPreston DuFauchard, Commissioner
California Department of Corporations
11:05 - 11:15 Enforcement and Examination UpdateLinda Thomsen, Director
Division of Enforcement, SECLori Richards, Director
Office of Compliance Inspections and Examinations, SEC
11:15 - 12:00 Panel DiscussionModerated by SEC Chairman Christopher Cox
SEC Commissioner Paul Atkins
SEC Commissioner Roel Campos
SEC Commissioner Annette Nazareth
SEC Commissioner Kathleen Casey
Chris Hansen, AARP
Preston DuFauchard, Commissioner, California Department of Corporations
Anthony Pratkanis, Ph.D., University of California, Santa Cruz
Mary Schapiro, NASD
Doug Shadel, AARP State of Washington
Patricia Struck, NASAA
Linda Thomsen, SEC
Lori Richards, SEC