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Veterans To Receive Extra Scam Protection
11/11/2010
 

Kansas veterans will receive more protection

against a kind of scam under a new program adopted by the state

securities commission.

The program was announced Wednesday. It requires all investment

firms to comply with U.S. Department of Veterans Affairs rules on

veterans and their families.

Those rules prohibit charging a fee to help veterans obtain

benefits unless the adviser is an authorized agent and has a fee

agreement on file with the VA.

Kansas officials say there's been a rise in reports of financial

advisers charging veterans or their widows for advice they can get

for free.

© Copyright KSCB News
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