Senior Security Act of 2025

The Senior Security Act of 2025 establishes a Senior Investor Taskforce within the Securities and Exchange Commission (SEC) to address challenges faced by senior investors (defined as those over age 65), including financial exploitation and cognitive decline. The Taskforce will identify regulatory gaps, coordinate with agencies like state regulators and law enforcement, and issue biennial reports to Congress with recommendations for improving protections. Additionally, the bill mandates a Government Accountability Office (GAO) study on the economic costs, frequency, and reporting of financial exploitation of seniors, analyzing factors like race, social isolation, and income to inform future policy.