New federal office fights financial exploitation of elders

Karp, Naomi
March 2012
Aging Today;Mar/Apr2012, Vol. 33 Issue 2, p1
The article discusses the U.S. consumer protection issues especially protection of financial health of the U.S. elder people by the U.S. Office of Financial Protection for Older Americans which is the part of the U.S. Consumer Education and Engagement Division of the new Consumer Financial Protection Bureau (CFPB). It mentions that the CFPB ensures the markets for consumer financial products are transparent, competitive and accessible to all consumers including rooting out elders' exploitation. INSET: Finances and Dementia: Are Financial Services Providers Ready?.


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