A state advisory committee has recommended Montana direct $645,000 of federal COVID-19 recovery funds to increase efforts to fight exploitation of senior citizens by adding three elder councils to the …
Elder abuse prevention takes center stage at Helena events
The state delivered a double whammy on elder abuse Tuesday, with an observance held at a Helena bank outlining the state’s actions on dealing with the problem and a group …
Commissioner Downing Reconvenes Senior Financial Exploitation Task Force
On World Elder Abuse Awareness Day, Commissioner Troy Downing reconvened the Senior Financial Exploitation Task Force to discuss the creation of three new Elder Justice Councils to cover the entire …
Insurance Commissioner Troy Downing Appears on TalkBack
State Auditor and Insurance Commissioner Troy Downing appeared on the KGVO Talk Back Show on Monday to answer questions from listeners. One comment was from an insurance agent who asked …
COMMISSIONER DOWNING RECOGNIZES JUNE 15 AS WORLD ELDER ABUSE AWARENESS DAY
In recognition of World Elder Abuse Awareness Day on June 15, the Office of the Commissioner of Securities and Insurance (CSI) reminds financial professionals and the general public throughout Montana …
NASAA Approves Model Act for Restitution Assistance Funds
A new model act from the North American Securities Administrators Association (NASAA) would act as a guide for states to pass their own legislation or regulation creating “restitution assistance funds” for …
NASAA Members Approve Model Act to Create Restitution Assistance Funds for Victims of Securities Violations
WASHINGTON, D.C. (May 18, 2021) – The North American Securities Administrators Association (NASAA) today announced that its membership has voted to approve a model act for use by jurisdictions that …
PSA Senior Financial Exploitation
75% of the securities fraud cases our agency investigates involve a person who is 65 years or older. This is Commissioner of Securities and Insurance Troy Downing. It’s estimated Montana …
Montana regulator issues cease and desist order against Forsage scam
The Montana state securities regulator has issued a cease and desist order against an alleged digital currency pyramid scheme. Commissioner of Securities and Insurance (CSI), Montana State Auditor Troy Downing …
Commissioner Downing Orders Forsage to Cease and Desist
Commissioner Downing Orders Forsage to Cease and Desist Forsage Alleged to be a Pyramid and Ponzi Scheme Helena, Mont.- Commissioner of Securities and Insurance (CSI), Montana State Auditor Troy Downing has …