#aag? ,,congress  #a/ ,session  ,h4 ,r4 
#bbfe  ,,an ,,act  ,to am5d ! ,inve/m5t 
,company ,act ( #aidj to po/pone ! date 
( paym5t or satisfaction ^u r$emption ( 
c]ta9 securities 9 ! case ( ! f9ancial  
exploitation ( specifi$ adults1 & = o!r 
purposes4  #a4 ,%ort title ,?is ,act may
 be cit$ z ! ,f9ancial ,exploitation    
,prev5tion ,act ( #bjba4  #b4 ,r$emption
 ( c]ta9 securities po/pon$  7a7 ,9     
g5]al ,section #bb ( ! ,inve/m5t        
,company ,act ( #aidj 7#ae ,u4,s4,c4    
#hj;a-#bb7 is am5d$ by add+ at ! end !  
foll[+3  7h7 ,requirem5ts ) respect to  
non-in/itutional direct at-fund acc\nts 
7#a7 ,election  7,a7 ,9 g5]al ,a regi/]$
 op5-end inve/m5t company & a transf]   
ag5t describ$ "u p>agraph 7#b7 may elect
 to comply ) ! requirem5ts "u p>agraph  
7#b7 & subsection 7i7 by notify+ !      
,commission ( su* election4  7,b7       
,effect ( election ,p>agraph 7#b7 &     
subsection 7i7 %all only apply to a     
regi/]$ op5-end inve/m5t company & a    
transf] ag5t t h made ! election "u     

subp>agraph 7,a74  7#b7 ,requirem5ts ,9 
! case ( a cu/om] :o is a hold] ( a     
non-in/itutional acc\nt held directly ) 
a regi/]$ op5-end inve/m5t company &    
s]vic$ by a transf] ag5t 7a             
direct-at-fund acc\nt71 ! company &     
transf] ag5t %all-- 7,a7 reque/ f su*   
cu/om] ! "n & contact in=mation ( at    
lea/ "o individual :o--  7i7 is at ! "t 
( su* reque/ an adult2 &  7ii7 may be   
contact$ ) respect to su* acc\nt2  7,b7 
docum5t & reta9 ! in=mation receiv$     
pursuant to subp>agraph 7,a72 &  7,c7   
disclose to su* cu/om] 9 writ+ 7includ+ 
?r\gh electronic deliv]y7 t su* company 
or transf] ag5t may contact an          
individual specifi$ pursuant to         
subp>agraph 7,a7 ) respect to ! acc\nt (
 su* cu/om] to--  7i7 address possible  
f9ancial exploitation ( su* cu/om]2     
7ii7 confirm ! contact in=mation or     
heal? /atus ( ! cu/om]2 or  7iii7       
id5tify any legal gu>dian1 executor1    
tru/ee1 or hold] ( a p[] ( attorney ( ! 
cu/om]4  7i7 ,r$emption ( c]ta9         

securities po/pon$  7#a7 ,9 g5]al       
,not)/&+ subsection 7e71 a regi/]$      
op5-end inve/m5t company or a transf]   
ag5t act+ on behalf ( su* company may   
po/pone ! date ( paym5t or satisfaction 
^u r$emption ( any r$eemable security 9 
accordance ) its t]ms = m ?an sev5 days 
aft] ! t5d] ( su* security to su*       
company or its ag5t designat$ = t       
purpose = r$emption if su* company or   
ag5t reasonably believes t--  7,a7 !    
r$emption is reque/$ by a security hold]
 :o is a specifi$ adult2 &  7,b7        
f9ancial exploitation has occurr$1 is   
occurr+1 or has be5 attempt$ ) respect  
to su* r$emption4  7#b7 ,duration  7,a7 
,9 g5]al ,except z provid$ 9            
subp>agraphs 7,b7 & 7,c71 a regi/]$     
op5-end inve/m5t company or a transf]   
ag5t act+ on behalf ( su* company may   
po/pone ! date ( paym5t or satisfaction 
^u r$emption ( a r$eemable security "u  
p>agraph 7#a7 = a p]iod ( n m ?an #ae   
bus9ess days4  7,b7 ,ext5sion ^u        
det]m9ation ( exploitation ,! p]iod     

describ$ 9 subp>agraph 7,a7 may be      
ext5d$ by an additional #aj bus9ess days
 if ! regi/]$ op5-end inve/m5t company  
or a transf] ag5t act+ on behalf ( su*  
company--  7i7 reasonably believes t--  
7,i7 ! r$emption is reque/$ by a        
security hold] :o is a specifi$ adult2 &
  7,,ii7 f9ancial exploitation has      
occurr$1 is occurr+1 or has be5 attempt$
 ) respect to su* r$emption2  7ii7      
subject to subp>agraph 7,d71 n lat] ?an 
#b days aft] mak+ a det]m9ation "u      
clause 7i71 notifies ! individuals      
specifi$ by su* security hold] "u       
subsection 7h77#b77;,a7 9 writ+ 7includ+
 ?r\gh electronic deliv]y7 ( ! ext5sion 
( ! p]iod describ$ 9 subp>agraph 7,a7 "u
 ?is subp>agraph & ! reason = su*       
ext5sion2  7iii7 initiates an int]nal   
review ( ! facts & circum/ances relat+  
to ! det]m9ation "u clause 7i72  7iv7   
holds am\nts relat$ to ! delay$ paym5t  
or satisfaction ^u r$emption ( !        
r$eemable security 9 a dem& deposit     
acc\nt2 &  7v7 docum5ts & reta9s records

 relat$ to c>ry+ out clause 7iv7 &      
includes su* records 9 ! fir/ requir$   
acc\nt /atem5t ( ! security hold]       
provid$ aft] ! date on :i* ! det]m9ation
 is made "u clause 7i74  7,c7 ,ext5sion 
by gov]nm5t ,a ,/ate regulator1         
adm9i/rative ag5cy ( compet5t           
jurisdiction1 or c\rt ( compet5t        
jurisdiction may ext5d ! p]iod describ$ 
9 subp>agraph 7,a74  7,d7 ,notification 
7i7 ,exception ,subp>agraph 7,b77ii7    
%all n apply if a regi/]$ op5-end       
inve/m5t company or transf] ag5t act+ on
 behalf ( su* company reasonably        
believes t an individual requir$ to be  
notifi$ "u su* subp>agraph is1 has be51 
or w subject ! security hold] :o        
id5tifi$ su* individual "u subsection   
7h77#b77;,a7 to f9ancial exploitation4  
7ii7 ,reasonable ef=ts ,an op5-end      
inve/m5t company or transf] ag5t act+ on
 behalf ( su* company %all be consid]$ 9
 compliance ) subp>agraph 7,b77ii7 if   
su* company or transf] ag5t makes a     
reasonable ef=t to contact ! individuals

 specifi$ by a security hold] "u        
subsection 7h77#b77;,a74  7,e7 ,int]nal 
proc$ures ,an op5-end inve/m5t company  
or transf] ag5t act+ on behalf ( su*    
company %all e/abli% proc$ures to c>ry  
out ! requirem5ts "u ?is subsection1    
includ+ proc$ures-- 7i7 relat$ to !     
id5tification & report+ ( matt]s relat$ 
to ! f9ancial exploitation ( specifi$   
adults2  7ii7 to det]m9e :e!r to release
 or re9ve/ delay$ r$emption proce$s1    
tak+ into acc\nt ! facts & circum/ances 
( ea* case1 %\ld ! int]nal review "u    
subp>agraph 7,b77iii7 support !         
reasonable belief describ$ 9 subp>agraph
 7,b77i72  7iii7 id5tify+ ea* employee (
 ! company or transf] ag5t ) au?ority to
 e/abli%1 ext5d1 or t]m9ate a p]iod     
describ$ 9 p>agraph 7#a7 or subp>agraph 
7,a72  7iv7 9 ! case ( a transf] ag5t1 t
 are reasonably design$ to ensure t !   
employees ( su* transf] ag5t comply )   
?is subsection2 &  7v7 9 ! case ( an    
op5-end inve/m5t company1 e/abli%+      
p]iodic report+ requirem5ts "u :i* a    

transf] ag5t act+ on behalf ( su*       
company %all notify su* company (--     
7,i7 ea* ext5sion "u subp>agraph 7,b7   
au?oriz$ by su* transf] ag5t2  7,,ii7   
ea* f9d+ by ! transf] ag5t "u           
subp>agraph 7,b77i72  7,,iii7 ea*       
notification "u subp>agraph 7,b77ii7    
c>ri$ out by su* transf] ag5t2 &  7,,iv7
 ! results ( ea* int]nal review initiat$
 by ! transf] ag5t "u subp>agraph       
7,b77iii74  7,f7 ,in=mation includ$ 9   
c]ta9 /atem5ts ,an op5-end inve/m5t     
company %all include 9 ea* prospectus or
 /atem5t ( additional in=mation a       
notification t ! company or transf] ag5t
 act+ on behalf ( su* company may       
po/pone r$emption ( c]ta9 securities "u 
?is subsection4  7,g7 ,record ret5tion  
,an op5-end inve/m5t company or transf] 
ag5t act+ on behalf ( su* company %all--
  7i7 docum5t & reta9 records (-- 7,i7  
ea* po/ponem5t ( r$emption "u           
subp>agraph 7,a71 7,b71 & 7,c72  7,,ii7 
ea* f9d+ "u subp>agraph 7,b77i72        
7,,iii7 ! "n & position ( ea* employee  

describ$ 9 subp>agraph 7,e77iii72       
7,,iv7 ea* notification c>ri$ out "u    
subp>agraph 7,b77ii72 &  7,v7 ! results 
( ea* int]nal review initiat$ "u        
subp>agraph 7,b77iii72 &  7ii7 make su* 
records available to ! ,commission at ! 
reque/ ( ! ,commission4  7#c7 ,specifi$ 
adult def9$ ,9 ?is subsection1 ! t]m    
specifi$ adult means--  7,a7 an         
individual age #fe or old]2 or  7,b7 an 
individual age #ah or old] :o a regi/]$ 
op5-end inve/m5t company or a transf]   
ag5t act+ on behalf ( su* company       
reasonably believes has a m5tal or      
physical impairm5t t r5d]s ! individual 
unable to protect ! individual's own    
int]e/s4  4  7b7 ,recomm5dations  7#a7  
,9 g5]al ,n lat] ?an #a ye> aft] ! date 
( ! enactm5t ( ?is section1 !           
,securities & ,ex*ange ,commission1 9   
consultation ) ! entities specifi$ 9    
p>agraph 7#b71 %all submit to ,congress 
a report t includes recomm5dations      
reg>d+ ! regulatory & legislative *anges
 necess>y to address ! f9ancial         

exploitation ( security hold]s :o are   
specifi$ adults 7z def9$ 9 subsection   
7i77#c7 ( section #bb ( ! ,inve/m5t     
,company ,act ( #aidj 7#ae ,u4,s4,c4    
#hj;a-#bb71 z add$ by ?is section74     
7#b7 ,consultation ,! entities specifi$ 
9 ?is p>agraph are z foll[s3  7,a7 ,!   
,commodity ,futures ,trad+ ,commission4 
7,b7 ,! ,director ( ! ,bureau ( ,consum]
 ,f9ancial ,protection4  7,c7 ,!        
,f9ancial ,indu/ry ,regulatory          
,au?ority4  7,d7 ,! ,nor? ,am]ican      
,securities ,adm9i/rators ,association4 
7,e7 ,! ,bo>d ( ,gov]nors ( ! ,f$]al    
,res]ve ,sy/em4  7,f7 ,! ,comptroll] ( !
 ,curr5cy4  7,g7 ,! ,f$]al ,deposit     
,insurance ,corporation4  #c4           
,det]m9ation ( budget>y effects ,!      
budget>y effects ( ?is ,act1 = ! purpose
 ( comply+ ) ! ,/atutory ,pay-,z-,y-,g  
,act ( #bjaj1 %all be det]m9$ by ref]5ce
 to ! late/ /atem5t titl$ ,budget>y     
,effects ( ,,paygo ,legislation = ?is   
,act1 submitt$ = pr9t+ 9 !              
,congressional ,record by ! ,*airman ( !

 ,h\se ,budget ,committee1 provid$ t su*
 /atem5t has be5 submitt$ prior to !    
vote on passage4  ,pass$ ! ,h\se (      
,repres5tatives ,octob] #be1            
#bjba4;,cl]k4