Empowering States to Protect Seniors from Bad Actors Act provides grants to states to combat senior financial fraud.
The Empowering States to Protect Seniors from Bad Actors Act amends the Investor Protection and Securities Reform Act of 2010 to provide grants to states for enhanced protection of senior investors and senior policyholders. The bill defines "senior financial fraud" as fraudulent acts that use a senior's resources for monetary benefit or deprive a senior of rightful access to benefits.
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