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Financial Exploitation Prevention Act of 2025
10/2/2025, 4:23 AM
Summary of Bill S 2840
This bill, designated as S. 2840 in the 119th Congress and introduced on September 17, 2025, aims to amend the Investment Company Act of 1940. The bill's primary focus is to delay the date of payment or satisfaction when redeeming specific securities in instances involving the financial exploitation of particular adults.
Read the Full Bill
Current Status of Bill S 2840
Bill S 2840 is currently in the status of Bill Introduced since September 17, 2025. Bill S 2840 was introduced during Congress 119 and was introduced to the Senate on September 17, 2025. Bill S 2840's most recent activity was Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of September 17, 2025
Bipartisan Support of Bill S 2840
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
1Democrat Cosponsors
1Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 2840
Primary Policy Focus
Alternate Title(s) of Bill S 2840
A bill to amend the Investment Company Act of 1940 to postpone the date of payment or satisfaction upon redemption of certain securities in the case of the financial exploitation of specified adults, and for other purposes.
A bill to amend the Investment Company Act of 1940 to postpone the date of payment or satisfaction upon redemption of certain securities in the case of the financial exploitation of specified adults, and for other purposes.
Comments
Paige Christian
617
4 months ago
I can't believe this bill is actually being considered! It's ridiculous that we have to wait longer for payment just because some adults are being financially exploited. This is going to make it even harder for me to access my money when I need it. It's just not fair!
Leonidas Hansen
565
4 months ago
This bill good for old people like me. Stop bad people taking our money. Make them wait for payment. It protect us. I like it.
Sponsors and Cosponsors of S 2840
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