To amend the Securities Exchange Act of 1934 to create an interdivisional taskforce at the Securities and Exchange Commission for senior investors, and for other purposes.
About This Bill
Committee
Latest Action · March 23, 2023
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
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.
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