Financial Exploitation Prevention Act of 2025
In committee: it can still change before the session ends.
- Stage
- In committee
- Started in
- Senate
- Sponsors
- 10
- Latest action
- Sep 17, 2025
What it does
The Financial Exploitation Prevention Act of 2025 would amend the Investment Company Act of 1940 to allow registered open-end investment companies and their transfer agents to delay payment upon redemption of securities for up to 15 business days (extendable to 25 days under certain conditions) when they reasonably believe a specified adult—defined as someone aged 65 or older, or a younger adult with a mental or physical impairment—is experiencing or at risk of financial exploitation. The bill requires these firms to collect and retain contact information for a trusted individual designated by the account holder, disclose their right to contact that person regarding potential exploitation,…
No official summary is available here. This one was written by AI from the bill’s text.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
In the news
Reporting that may mention this subject. Possible matches are labeled.
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Where it goes next
While a bill can still move, the questions are about people and money.