S. 2840: Financial Exploitation Prevention Act of 2025

S. 2840 is a federal bill in the 119th Congress. Before this bill, mutual funds were strictly required to pay out withdrawals on securities within seven days and generally lacked specific federal rules allowing them to pause payouts to investigate potential fraud. After this bill takes effect, mutual… See its sponsors, how members voted, and a plain-English breakdown on PolityLens.