The Financial Exploitation Prevention Act passed the House (414 – 2) and is now before the Senate. This bipartisan legislation would give investment companies and transfer agents the authority to temporarily delay suspicious redemption transactions when elder financial exploitation is suspected.  As a CFP® professional, you are often the first person to notice warning signs. This bill gives the industry a legal tool to act on those instincts before it’s too late.

Send a message to your U.S. Senators today and urge them to support the Financial Exploitation Prevention Act.