Bill > S149

This bill establishes a Senior Scams Prevention Advisory Group, which will create model educational materials to train employees of retailers, financial-services companies, and wire-transfer companies on how to identify and prevent scams that affect seniors. The Advisory Group will be composed of various stakeholders, including representatives from the federal government, consumer advocacy organizations, and industry groups. The group will collect information on existing education programs and identify any gaps or deficiencies, then develop model materials and best practices to help protect seniors from scams. The Federal Trade Commission will make these materials publicly available and encourage their use by both the public and private sectors.