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Stanford University, FINRA foundation to launch fraud prevention research center

Stanford University's Center on Longevity and the FINRA Investor Education Foundation have formed partnership together to launch the research center on the prevention of financial fraud.

FINRA said the center is an interdisciplinary resource for law enforcement, government and research groups studying financial fraud.

The work of the research center is led by an advisory council charged with establishing research priorities and facilitating policy-research development.

The group includes Stanford faculty across psychology, economics and business, and officials from the FINRA Foundation, the Securities and Exchange Commission, the National Association of Attorneys General, AARP and other public sector organizations.

FINRA Foundation acting president Gerri Walsh said the FINRA Foundation’s partnership with Stanford will deliver practical, cutting-edge research to policymakers and law enforcement. This new joint initiative complements an array of FINRA Foundation initiatives to protect Americans from fraud.