Nationwide Reporting Chart

For Suspected Exploitation Of Seniors And/Or Vulnerable Persons

 

Click the state on the interactive map below or use the drop-down list

AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY DC
Statute
Conn. Gen. Stat. § 17b-451(a), (c), (d)(1).
Conn. Gen. Stat. § 17b-450(1), Gen. Stat. § 36b-14(f) (effective July 1, 2024)

Financial Services Professionals
(Mandated? Permissive?)

A broker-dealer, investment adviser, broker-dealer agent or investment adviser agent registered, or required to be registered, any person serving in a supervisory, compliance or legal capacity for a broker-dealer or investment adviser. (Permissive) 2023 Bill Text CT S.B. 1088. (will become Conn. Gen. Stat. § 36b-14(f) effective July 1, 2024)

Financial agents (employees of financial institutions who, within the employee’s scope of employment, have direct contact with eligible adults or review or approve an eligible adult’s financial documents, records or transactions.) (Permissive) 2023 Bill Text CT S.B. 1088. (Effective July 1, 2024)

Financial institutions (any Connecticut bank or Connecticut credit union, as those terms are defined in section 36a-2 of the general statutes, any institution that engages in the business of banking or a credit union that is chartered out-of-state, and any subsidiary or affiliate of any such bank, credit union or institution. (Permissive)
2023 Bill Text CT S.B. 1088. (Effective July 1, 2024)

Any other person. (Permissive)

State Report & Hold
(Y/N)

Yes, a broker-dealer or investment adviser may place a temporary hold on a disbursement upon a reasonable belief that financial exploitation of an eligible adult has occurred. The hold shall expire not later than 15 business days after the hold was placed, unless extended by a state regulator, agency of competent jurisdiction or Probate Court, or extended by the broker-dealer or investment adviser. If the internal review supports the broker-dealer’s or investment adviser’s reasonable belief, a broker-dealer or investment adviser may extend the hold for not longer than ten additional business days. If the internal review supports the broker-dealer or investment adviser’s reasonable belief, and the broker-dealer or investment adviser has reported such reasonable belief, the hold may be extended for not longer than 30 additional business days. 2023 Bill Text CT S.B. 1088. (Effective July 1, 2024)

A financial institution or agent, upon a reasonable belief that a transaction or disbursement involving an eligible adult’s account may involve financial exploitation, the financial institution or financial agent may suspend the transaction for not more than 7 business days. The financial institution may extend the suspension for an additional 45 business days for reasonable cause. 2023 Bill Text CT S.B. 1088. (Effective July 1, 2024)

Reporters

Any(1) physician or surgeon licensed under the provisions of chapter 370, (2) resident physician or intern in any hospital in this state, whether or not so licensed, (3) registered nurse, (4) nursing home administrator, nurse’s aide or orderly in a nursing home facility or residential care home, (5) person paid for caring for a resident in a nursing home facility or residential care home, (6) staff person employed by a nursing home facility or residential care home, (7) residents’ advocate, other than a representative of the Office of the Long-Term Care Ombudsman, as established under section 17a-870, including the State Ombudsman, (8) licensed practical nurse, medical examiner, dentist, optometrist, chiropractor, podiatrist, social worker, member of the clergy, police officer, pharmacist, psychologist or physical therapist, (9) person paid for caring for an elderly person by any institution, organization, agency or facility, including but not limited to, any employee of a community-based services provider, senior center, home care agency, homemaker and companion agency, adult day care center, village-model community and congregate housing facility, (10) person licensed or certified as an emergency medical services provider pursuant to chapter 368d or 384d, including any such emergency medical services provider who is a member of a municipal fire department, (11) driver of a paratransit vehicle, as defined in section 13b-38k,(12) licensed professional counselor, (13) adult probation officer, (14) adult parole officer, (15) physician assistant, (16) dental hygienist, and (17) resident services coordinator, clinical care coordinator and manager employed by a housing authority or municipal developer operating an elderly housing project. Conn. Gen. Stat. §17b-451(a).

Any other person having reasonable cause to suspect or believe that an elderly person is being, or has been, abused, neglected, exploited or abandoned, or who is in need of protective services, may report such information in any reasonable manner to the commissioner or the commissioner’s designee. Conn. Gen. Stat. § 17b-451(c).

Protected Individuals

Elderly Person: Any resident of Connecticut who is sixty years of age or older. Conn. Gen. Stat. § 17b-450(1).

Financial Institutions-Immunity (Y/N)

Yes.

Subject to subdivision (2) of this subsection, any person who makes any report pursuant to sections 17b-450 to 17b-461, inclusive, or who testifies in any administrative or judicial proceeding arising from such report shall be immune from any civil or criminal liability on account of such report or testimony, except for liability for perjury. Conn. Gen. Stat. § 17b-451(d)(1). A qualified person who, in good faith and exercising reasonable care, voluntarily discloses information shall be immune from any administrative or civil liability that might otherwise arise solely from such disclosure or for any failure to notify the customer or client of such disclosure. 2023 Bill Text CT S.B. 1088. (will become Conn. Gen. Stat. § 36b-14(f) effective July 1, 2024)

Except as provided in subsection (f), a financial institution or agent shall be immune from administrative or civil liability. 2023 Bill Text CT S.B. 1088. (Effective July 1, 2024)

** Senior Safe Act


* Although care has been taken to ensure the accuracy and completeness of the information provided, EverSafe assumes no responsibility therefore and urges users of the information to check sources before use. Information is updated regularly and subject to change.
** On May 24, 2018, the Senior Safe Act was signed into law on a federal level as part of Economic Growth, Regulatory Relief, and Consumer Protection Act (Pub. Law No: 115-174). The Act is now codified at 12 USC § 3423. It extends immunity from liability to covered financial institutions who disclose suspected financial exploitation of adults 65 years and older to regulatory or law-enforcement agencies.
*** On February 5, 2018, FINRA Rule 2165 was adopted. Rule 2165 allows members to place temporary holds on disbursements of funds or securities from the accounts of a person 1) age 65 or older or 2) 18 years or older who the member reasonably believes has a mental or physical impairment that renders the individual unable to protect his or her own interests, if the member reasonably believes that financial exploitation of the person has occurred, is occurring, has been attempted, or will be attempted.