Trusted Contact Person

On February 5, 2018, FINRA enacted a new rule to help protect investors from financial exploitation and fraud.  This rule requires all brokerage firms to ask their retail customers to provide the name and contact information for a “trusted contact person” the firm may contact in the event of possible financial exploitation or fraud.

 A “trusted contact person” is a person that you authorize your brokerage firm to contact if your broker has a reasonable belief that your account may be exposed to possible financial exploitation or fraud.  A trusted contact person must be age 18 or older.

Adding a trusted contact person to your brokerage account may help us respond to possible financial exploitation and fraud in your account and protect your account’s assets.

 For more information, please see: