Financial Exploitation Prevention Act of 2025

This bill requires investment companies and transfer agents to collect contact information for a trusted person when serving "specified adults" (individuals aged 65+ or with a mental/physical impairment affecting their financial decision-making). It allows these firms to temporarily delay redemptions of securities for up to 15 business days (extendable by 10 more days with notification) if they reasonably suspect financial exploitation is occurring. Firms must document all delays, conduct internal reviews, and retain records for regulatory oversight. The law directly affects vulnerable account holders and the financial institutions managing their investments, aiming to prevent scams through proactive safeguards.