S 1293 NY
Prevents the financial exploitation of older and vulnerable adults
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Summary
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 (1)
- George Borrello Republican · primary
2 coauthors / cosponsors
- Peter Oberacker Republican · cosponsor
- James Sanders Jr. Democratic · cosponsor
Action history (2)
- Jan 9, 2025 REFERRED TO CONSUMER PROTECTION · upper
- Jan 7, 2026 REFERRED TO CONSUMER PROTECTION · upper
Text versions (2)
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