Bill
Bill > S3323
summary
Introduced
08/01/2018
08/01/2018
In Committee
08/01/2018
08/01/2018
Crossed Over
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
115th Congress
Bill Summary
National Senior Investor Initiative Act of 2018 Senior Security Act of 2018 This bill amends the Securities Exchange Act of 1934 to establish the Senior Investor Taskforce within the Securities and Exchange Commission. The taskforce must report on topics relating to investors over the age of 65, including industry trends and serious issues impacting such investors, and make recommendations for legislative or regulatory actions to address problems encountered by senior investors. The Government Accountability Office must report on the costs of the financial exploitation of senior citizens.
AI Summary
This bill amends the Securities Exchange Act of 1934 to establish the Senior Investor Taskforce within the Securities and Exchange Commission (SEC). The Taskforce will identify challenges faced by senior investors, such as financial exploitation and cognitive decline, recommend regulatory changes to address issues impacting senior investors, and report on trends and initiatives related to senior investors every two years. Additionally, the bill requires the Government Accountability Office to study the economic costs of the financial exploitation of senior citizens.
Committee Categories
Housing and Urban Affairs
Sponsors (2)
Last Action
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (on 08/01/2018)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/115th-congress/senate-bill/3323/all-info |
| BillText | https://www.congress.gov/115/bills/s3323/BILLS-115s3323is.pdf |
| Bill | https://www.congress.gov/115/bills/s3323/BILLS-115s3323is.pdf.pdf |
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