Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Summary
The bill sets up a Senior Investor Taskforce inside the SEC to identify problems, suggest regulatory changes, and issue a report every two years on trends affecting investors age 65 and older. It also directs the GAO to produce a study within two years on the economic costs and frequency of financial exploitation of seniors. The goal is to better safeguard older investors and give Congress data for policy decisions.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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