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Brokers and other financial professionals who commit fraud currently face civil sanctions. Policymakers should consider adding criminal penalties to this.
Victims of investment fraud should have adequate federal and state statutory remedies, including access to courts for individual or class claims.
State regulators should create a regulatory structure to promote consumer protection. This includes establishing full-time, independent insurance consumer advocate offices.
Policymakers should require fair terms and conditions in insurance to ensure availability and coverage. In particular, age alone should not be used to limit coverage.
Policymakers should ensure the availability and affordability of insurance coverage for natural disasters.
Policymakers should eliminate unfair, deceptive, or abusive practices in insurance. Policies should ensure consumer protections.
The Consumer Financial Protection Bureau and the other agencies with authority to enforce the Equal Credit Opportunity Act should fully enforce federal nondiscrimination laws intended to decrease c
Policymakers should conduct robust oversight and enforcement related to scams and fraud.