Senior Security Act of 2021
- Last Action
- 3/18/2021
Actions
- 2021-03-18Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- 2021-03-18Introduced in Senate
CRS Summary
As of 2021-03-18 (00)
National Senior Investor Initiative Act of 2021 or the Senior Security Act of 2021
This bill establishes 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 financial exploitation of senior citizens.
Cosponsors (2)
- Susan Collins (R-ME)
- Tim Scott (R-SC)
Subjects
- Aging
- Banking and financial institutions regulation
- Congressional oversight
- Financial literacy
- Financial services and investments
- Fraud offenses and financial crimes
- Government studies and investigations
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.