PRINCETON – A measure sponsored by Senator John H. Adler which would provide consumers with the tools necessary to protect themselves from deceptive practices by dishonest insurance brokers and financial planners was signed into law today by Governor Corzine. The public bill signing took place at AARP’s New Jersey State Office in Princeton.
“‘Get-rich-quick’ schemes have been around since the beginning of time, but this law will send a clear message that we will not allow the much-needed finances of our seniors to be compromised,” said Senator Adler, D-Cherry Hill. “The idea for this legislation came to me one morning while I was sitting in my kitchen, reading the paper. As legislators, we have to be able to anticipate problems like these before they become crises – I wish officials in Washington would do the same thing.”