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 policyholders. The bill authorizes the Securities and Exchange Commission to make grants to eligible entities, which can use the funds to hire staff to investigate and prosecute senior financial fraud, fund technology and training for law enforcement, provide educational materials to seniors, and develop plans to combat fraud.

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 policyholders. The bill authorizes the Securities and Exchange Commission to make grants to eligible entities, which can use the funds to hire staff to investigate and prosecute senior financial fraud, fund technology and training for law enforcement, provide educational materials to seniors, and develop plans to combat fraud.