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Bill > HR1565


US HR1565

US HR1565
Senior Security Act of 2021 National Senior Investor Initiative Act of 2021


summary

Introduced
03/03/2021
In Committee
03/03/2021
Crossed Over
04/22/2021
Passed
Dead
01/03/2023

Introduced Session

117th Congress

Bill Summary

AN ACT To create an interdivisional taskforce at the Securities and Exchange Commission for senior investors.

AI Summary

This bill, the National Senior Investor Initiative Act of 2021 or the Senior Security Act of 2021, aims to create a Senior Investor Taskforce within the Securities and Exchange Commission (SEC) to identify challenges that senior investors face, including issues related to financial exploitation and cognitive decline, and to recommend regulatory changes and best practices to address these issues. The bill also requires the Comptroller General to conduct a study on the economic costs and policy responses related to the financial exploitation of senior citizens.

Committee Categories

Business and Industry, Housing and Urban Affairs

Sponsors (7)

Last Action

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (on 04/22/2021)

bill text


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