Financial Exploitation Prevention Act of 2025

This bill lets investment companies and their agents delay when older or impaired adults can take money out of their investments if they think the person is being financially exploited. The bill applies to people 65 or older, or people 18 or older who cannot protect themselves due to mental or physical problems. Companies can delay the withdrawal for up to 15 days, and then another 10 days if they determine exploitation is happening. During the delay, the money must be kept in a bank account, and companies must notify government regulators about using these procedures.

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