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From NASAA: The North American Securities Administrators Association has announced its strong support for the "Senior Investment Protection Act of 2009" (S. 906), legislation designed to protect senior investors from unscrupulous and unqualified financial advisers. Reports NASAA President Fred Joseph: "The use of misleading senior designations that imply expertise in the financial needs of seniors often results in unsuitable investments being sold to unsuspecting seniors." The Senior Investment Protection Act of 2009 would provide grants to states to enhance the protection of seniors from being misled by false designations. The grants would support a range of senior investor protection efforts, such as hiring staff to investigate and prosecute senior-related cases; funding new technology, equipment and training for regulators; or providing educational materials to increase awareness of designations ...
From CEFE: High schools from across the country will compete in New York City in the 2009 National Economics Challenge on May 18, sponsored by the Council for Economic Education and the Goldman Sachs Foundation. Established in 2000, the Challenge is the only national economics competition for high school students. The competition honors students and teachers for their hard work and outstanding achievement, and showcases the critical need for an in-depth understanding of the subject. "In the current economic climate, the need for economic education has never been more crucial," said the CEFE President and CEO Robert Duvall. "The public recognizes that economic education for students in grades K-12 is no longer an option, it is a necessity"...
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