Sen. Hagerty Introduces Financial Exploitation Prevention Act
Bill Intros-Senate
Copyright © Targeted News Service, 2025
Copyright © Targeted News Service, 2025
2025-10-02
Bailey Malota
WASHINGTON, Oct. 2 -- Sen. Bill Hagerty, R-TN, has introduced the Financial Exploitation Prevention Act, which aims to amend the Investment Company Act of 1940. The bill seeks to enhance protections for certain adults against financial exploitation by allowing investment companies to postpone the redemption of securities in cases of suspected financial abuse.
The legislation responds to increasing concerns over financial exploitation targeting vulnerable adults, particularly those a . . .
TARGETED NEWS SERVICE (founded 2004) features non-partisan 'edited journalism' news briefs and information for news organizations, public policy groups and other organizations. For more information contact MYRON STRUCK, editor, editor@targetednews.com, Springfield, Virginia; 703/304-1897; https://targetednews.com
WASHINGTON, Oct. 2 -- Sen. Bill Hagerty, R-TN, has introduced the Financial Exploitation Prevention Act, which aims to amend the Investment Company Act of 1940. The bill seeks to enhance protections for certain adults against financial exploitation by allowing investment companies to postpone the redemption of securities in cases of suspected financial abuse.
The legislation responds to increasing concerns over financial exploitation targeting vulnerable adults, particularly those a . . .
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TARGETED NEWS SERVICE (founded 2004) features non-partisan 'edited journalism' news briefs and information for news organizations, public policy groups and other organizations. For more information contact MYRON STRUCK, editor, editor@targetednews.com, Springfield, Virginia; 703/304-1897; https://targetednews.com