On the recordApril 19, 2021
Madam Speaker, I move to suspend the rules and pass the bill (H.R. 1565) to create an interdivisional taskforce at the Securities and Exchange Commission for senior investors. The Clerk read the title of the bill. The text of the bill is as follows: H.R. 1565 Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``National Senior Investor Initiative Act of 2021'' or the ``Senior Security Act of 2021''. SEC. 2. SENIOR INVESTOR TASKFORCE. Section 4 of the Securities Exchange Act of 1934 (15 U.S.C. 78d) is amended by adding at the end the following: ``(k) Senior Investor Taskforce.-- ``(1) Establishment.--There is established within the Commission the Senior Investor Taskforce (in this subsection referred to as the `Taskforce'). ``(2) Director of the taskforce.--The head of the Taskforce shall be the Director, who shall-- ``(A) report directly to the Chairman; and ``(B) be appointed by the Chairman, in consultation with the Commission, from among individuals-- ``(i) currently employed by the Commission or from outside of the Commission; and ``(ii) having experience in advocating for the interests of senior investors.…





