3.0.0 2265 2023-03-08T19:58:39Z 2023-03-08T19:58:39Z House HR 2021-03-26 117 [Congressional Record Volume 167, Number 57 (Friday, March 26, 2021)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mrs. WAGNER:H.R. 2265.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8, Clause 18[Page H1694]]]> ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred to 2021-10-26T20:30:25Z hsba00 Financial Services Committee House Standing Markup by 2021-07-29T12:34:39Z Markup by 2021-07-28T12:29:16Z Referred to 2021-03-26T18:06:25Z 2021-10-26 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2021-10-25 17:33:56 Motion to reconsider laid on the table Agreed to without objection. Floor H38310 2 House floor actions 2021-10-25 17:33:50 On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H5848-5849) Floor H37300 2 House floor actions 2021-10-25 17:33:50 Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H5848-5849) Floor 8000 9 Library of Congress 2021-10-25 17:25:31 DEBATE - The House proceeded with forty minutes of debate on H.R. 2265. Floor H8D000 2 House floor actions 2021-10-25 17:25:24 Considered under suspension of the rules. (consideration: CR H5848-5850) Floor H30000 2 House floor actions 2021-10-25 17:24:55 Ms. Waters moved to suspend the rules and pass the bill, as amended. Floor H30300 2 House floor actions 2021-07-29 hsba00 Financial Services Committee 1 House committee actions Ordered to be Reported in the Nature of a Substitute (Amended) by Voice Vote. Committee 2021-07-29 hsba00 Financial Services Committee 1 House committee actions Committee Consideration and Mark-up Session Held. Committee 2021-07-28 hsba00 Financial Services Committee 1 House committee actions Committee Consideration and Mark-up Session Held. Committee 2021-03-26 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2021-03-26 Introduced in House IntroReferral Intro-H 9 Library of Congress 2021-03-26 Introduced in House IntroReferral 1000 9 Library of Congress W000812 Rep. Wagner, Ann [R-MO-2] Ann Wagner R MO 2 N S001213 Rep. Steil, Bryan [R-WI-1] Bryan Steil R WI 1 2021-06-23 False H001058 Rep. Huizenga, Bill [R-MI-2] Bill Huizenga R MI 2 2021-06-23 False P000593 Rep. Perlmutter, Ed [D-CO-7] Ed Perlmutter D CO 7 2021-07-22 False G000553 Rep. Green, Al [D-TX-9] Al Green D TX 9 2021-07-27 False G000583 Rep. Gottheimer, Josh [D-NJ-5] Josh Gottheimer D NJ 5 2021-08-06 False D000630 Rep. Delgado, Antonio [D-NY-19] Antonio Delgado D NY 19 2021-08-20 False L000590 Rep. Lee, Susie [D-NV-3] Susie Lee D NV 3 2021-09-30 False W000788 Rep. Williams, Nikema [D-GA-5] Nikema Williams D GA 5 2021-10-25 False Finance and Financial Sector Administrative law and regulatory procedures Congressional oversight Crime victims Fraud offenses and financial crimes Government information and archives Government studies and investigations Securities Securities and Exchange Commission (SEC) White-collar crime Finance and Financial Sector 00 2021-03-26 Introduced in House 2021-08-19T18:12:46Z 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.

]]> 53 2021-10-25 Passed House 2022-03-07T13:50:10Z 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.

]]> Financial Exploitation Prevention Act of 2021 Display Title Financial Exploitation Prevention Act of 2021 Short Title(s) as Passed House Financial Exploitation Prevention Act of 2021 H House Engrossed in House EH Official Title as Introduced 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. Engrossed in House EH Short Title(s) as Introduced Financial Exploitation Prevention Act of 2021 Introduced in House IH Short Titles as Passed House Financial Exploitation Prevention Act of 2021 H House Referred in Senate 2021-10-26T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-117hr2265rfs/xml/BILLS-117hr2265rfs.xml Engrossed in House 2021-10-25T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-117hr2265eh/xml/BILLS-117hr2265eh.xml Introduced in House 2021-03-26T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-117hr2265ih/xml/BILLS-117hr2265ih.xml 2021-10-26 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.