A bill 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.
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.
Introduced in Senate
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
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