The Social Security Administration estimates that each day for the next 15 years, an average of 10,000 Americans will turn 65.  At a time of historically low yields on traditional savings accounts and more conservative investments, federal regulators are concerned that some broker-dealers may be recommending riskier and possibly unsuitable securities to senior investors looking for higher returns and may be failing to adequately disclose the terms and risks of the securities they recommend. In response, the Securities and Exchange Commission and the Financial Industry Regulatory Authority have issued a new report to help broker-dealers assess, craft, or refine their policies and procedures for investors as they prepare for and enter into retirement. The National Senior Investor Initiative report includes observations and practices identified in examinations that focused on how firms conduct business with senior investors. “With the dramatic increase in the population of our nation’s seniors, it is critical that securities regulators work collaboratively to make sure that senior investors are treated fairly,” said Susan Axelrod, FINRA executive vice president for regulatory operations.