Financial Exploitation Prevention Act of 2025

Hozzl · 2025-10-02T04:23:13Z

Explore the details of Senate Bill 2840 Financial Exploitation Prevention Act of 2025 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on undefined. Stay informed on legislative developments.

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.

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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

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Policy 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.

Comments

Paige Christian

466

2 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!