· NY legislature · 2025-2026

Prevents the financial exploitation of older and vulnerable adults

Allows for investment advisers and firms to disclose potential financial exploitation of elderly and vulnerable adults to the commissioner of the department of financial services and to halt disbursements from an account if an adviser or firm believes that financial exploitation is occurring.

Sponsor

George Borrello (R-NY)

Introduced

2025-01-09

Latest action

REFERRED TO CONSUMER PROTECTION