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The Consumer Financial Protection Bureau is seeking information from the public on elder financial abuse and comments are due Monday, Aug. 20.

The CFPB issued a request for information on the topic on June 15, World Elder Abuse Awareness Day. Under the Dodd-Frank Act, the CFPB is required to help protect people 62 years old or older from unfair, deceptive and abusive practices and to help inform these citizens about current and future financial choices. The CFPB is seeking input to find out what methods would best help it achieve that end.

The request for information is from the CFPB Office for the Financial Protection of Older Americans. It is asking specifically for information on consumer financial products and services, financial literacy efforts and fraudulent or deceptive practices affecting older Americans and their families.

The CFPB's request for information poses eight questions related to:

• evaluation of senior financial advisor certifications and designations;
• providing financial advice and planning information for seniors;
• senior certification and designation information sources;
• financial literacy efforts; and
• financial exploitation of older Americans, including armed forces veterans.

The bureau says it is not soliciting individual borrower complaints in connection with this request.