Senior Security Act of 2026

This bill would establish the Senior Investor Taskforce within the Securities and Exchange Commission to identify and report on industry trends and challenges affecting investors over the age of 65. The taskforce would be responsible for recommending legislative or regulatory changes to address issues impacting senior investors. Additionally, the bill would require the Government Accountability Office to conduct a study and report on the financial exploitation of senior citizens.

This bill primarily affects investors over the age of 65 and senior citizens who may be subject to financial exploitation. It also impacts the Securities and Exchange Commission, which must establish a new Senior Investor Taskforce, and the Government Accountability Office, which is required to report on senior financial exploitation.

• Establishment of the Senior Investor Taskforce. The bill creates a Senior Investor Taskforce within the Securities and Exchange Commission to focus on challenges facing investors over the age of 65.
• Reporting on senior investor trends and issues. The taskforce is required to report on industry trends and significant problems impacting senior investors, including recommendations for legislative or regulatory improvements.
• GAO study on financial exploitation. The Government Accountability Office must conduct a study and issue a report regarding the financial exploitation of senior citizens.

The bill expands the organizational structure of the Securities and Exchange Commission by establishing a new Senior Investor Taskforce within the agency.

The bill aims to protect investors over the age of 65 by establishing a task force to identify industry trends and challenges facing seniors, recommending legislative or regulatory solutions, and requiring a formal study on the financial exploitation of senior citizens.