HR. 2478In Committee
Financial Exploitation Prevention Act of 2025
Establishes procedures to delay certain mutual fund security redemptions when firms reasonably suspect financial exploitation of older adults or impaired adults
Plain-English overview
What this bill does
Establishes procedures to delay certain mutual fund security redemptions when firms reasonably suspect financial exploitation of older adults or impaired adults
Key points
- Require exploitation notifications
- Require SEC election notices
- Direct SEC recommendations
- Allow redemption delays
Current status
Where it stands
Status
In Committee
Latest action
2026-07-13 — Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Related context
Topics and policy areas
undefinedAdministrative law and regulatory proceduresCongressional oversightCrime victimsFinance and Financial SectorFraud offenses and financial crimesGovernment information and archivesGovernment studies and investigations