For state/federal regulators: information about the designation
State and federal regulators have long been tasked with identifying industry practices that
have the potential to damage the reputation and well-being of certain industries and erode
consumer confidence in their integrity. As domestic demographics change, more regulator
scrutiny is directed at activities that may harm senior consumers.
SCSA endorses, supports, and assists state and federal regulators to ensure that Certified
Senior Advisors strictly follow industry-specific rules and live up to the CSA Code of Professional
Responsibility as well (see link at left).
SCSA and the CSA Board value greatly the oversight provided by regulatory agencies. The CSA Board
of Standards, an independent, non-profit organization, reviews complaints lodged against CSAs for
alleged violations of the CSA Code. Because the Code requires CSA disclosure of regulatory events,
Board cases have been filed, and designations revoked, on the basis of existing actions by regulatory
bodies. (Please click “Disciplinary Actions” at left to view Board revocations from 2006 to present.)
To request information on CSA Board revocations prior to 2006, or to request names of former CSAs who are
ineligible to renew their designations based on enforcement actions published by state or federal agencies,
contact .
If you have a question about a specific CSA or someone purporting to be a CSA,
please call. You’ll have our full cooperation.
We have distilled important information about SCSA, its curriculum, its designation
and its CSA designees in a comprehensive question-and-answer document HERE. If we
have missed a question you have, please call us at 800-653-1785. We invite regulators
to audit our class, which is the culmination of the CSA designation training. Call for more information.
Items of interest
Society of Certified Senior Advisors welcomes a proposal from the North American Securities Administrators Association to adopt a nationwide standard for senior designations....[Read More]
Society of Certified Senior Advisors joins regulators in urging seniors to thoroughly understand "free lunch" seminars....[Read More]
In a September 28, 2007 letter to SCSA, The Financial Industry Regulatory Authority's (FINRA) Office of Emerging Regulatory Issues clarified Regulatory Notice 07-43 to emphasize that FINRA "neither prohibits nor recommends the use of any professional designation." To read the letter, click here.
Society of Certified Senior Advisors® is providing voluminous materials and offering its training to members of the U.S. Senate Special Committee on Aging... [Read More]
Society of Certified Senior Advisors® (SCSA) announced it is planning to seek accreditation for the CSA designation to meet a new rule in Massachusetts... [Read More]
An effort to match records of state insurance and securities complaints with the 12,000-plus membership of Society of Certified Senior Advisors® (SCSA) has resulted in SCSA filing nine complaints against Certified Senior Advisors (CSA) for "intentional nondisclosure."... [Read More]
The CSA Board of Standards adopted a resolution on January 3, 2007, that grants it the authority to impose a 1-year suspension of a CSA's designation if the CSA has violated Rule 509 of the CSA Code of Professional Responsibility....[Read More]