HR 2265 117th Congress House Finance and Financial Sector Administrative law and regulatory procedures Congressional oversight Crime victims Fraud offenses and financial crimes Government information and archives Government studies and investigations Securities Securities and Exchange Commission (SEC) White-collar crime

Financial Exploitation Prevention Act of 2021

Introduced: March 26, 2021 Introduced by: Wagner, Ann Republican · Missouri See on congress.gov

Everywhere this bill has been 12 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Oct 26, 2021

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

Oct 25, 2021

Motion to reconsider laid on the table Agreed to without objection.

Oct 25, 2021

On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H5848-5849)

Oct 25, 2021

Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H5848-5849)

Oct 25, 2021

DEBATE - The House proceeded with forty minutes of debate on H.R. 2265.

Oct 25, 2021

Considered under suspension of the rules. (consideration: CR H5848-5850)

Oct 25, 2021

Ms. Waters moved to suspend the rules and pass the bill, as amended.

Jul 29, 2021

Ordered to be Reported in the Nature of a Substitute (Amended) by Voice Vote.

Jul 29, 2021

Committee Consideration and Mark-up Session Held.

Jul 28, 2021

Committee Consideration and Mark-up Session Held.

Mar 26, 2021

Referred to the House Committee on Financial Services.

Mar 26, 2021

Introduced in House

Plain-English summary Congressional Research Service

Financial Exploitation Prevention Act of 2021

This bill allows for the delay of the redemption of a security issued by an open-end investment management company if the company or transfer agent reasonably believes the redemption involves the financial exploitation of an individual age 65 or older or an individual age 18 or older who is unable to protect his or her own interests. Open-end investment management companies offer securities in pooled investment vehicles such as mutual funds.

Additionally, the Securities and Exchange Commission must make legislative and regulatory recommendations to address the financial exploitation of such adults.

What's happening now October 26, 2021

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

Committees of jurisdiction 2