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U.S. STOCK MARKET CRASHES AND THEIR AFTERMATH: IMPLICATIONS FOR MONETARY POLICY

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With complaints and inquiries from senior citizen investors concerning financial services and investment fraud increasing, the Missouri Securities Division, which is housed in Secretary Carnahan’s office, engaged in efforts to determine how to best increase protection for those older investors. In early 2010, the Division launched a Senior Investor Protection Audit Sweep (“Sweep”) to examine the practices and safeguards put in place by Missouri-registered broker-dealer and investment adviser firms to protect their senior clients and address the unique challenges of those customers. ...
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U.S. STOCK MARKET CRASHES AND THEIR AFTERMATH: IMPLICATIONS FOR MONETARY POLICY

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