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SENATE 955118th CongressRead twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Senior Security Act of 2023

Last Action
3/23/2023

Actions

  • 2023-03-23Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • 2023-03-23Introduced in Senate

CRS Summary

As of 2023-03-23 (00)

National Senior Investor Initiative Act of 2023 or the Senior Security Act of 2023

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)
  • Kirsten Gillibrand (D-NY)

Subjects

  • Aging
  • Banking and financial institutions regulation
  • Congressional oversight
  • Financial literacy
  • Financial services and investments
  • Fraud offenses and financial crimes
  • Government studies and investigations
Read on Congress.gov

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.