Financial Exploitation Prevention Act of 2021
Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.
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.
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Engrossed in House Formatted Text PDF Formatted XML
- Introduced in House Formatted Text PDF Formatted XML
- Referred in Senate Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). H.R. 2265: Financial Exploitation Prevention Act of 2021. 117th Congress. Open America. https://openamerica.io/bill/117-HR-2265/
"H.R. 2265: Financial Exploitation Prevention Act of 2021." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-HR-2265/.
H.R. 2265, 117th Cong. (2026), https://openamerica.io/bill/117-HR-2265/.
[H.R. 2265: Financial Exploitation Prevention Act of 2021](https://openamerica.io/bill/117-HR-2265/)