Being a senior who banks, hell yes. Many elderly have been taken advantage of including caregivers, family members or "helpful" neighbors.

Great opinion from Countable member SherryTX: "If this bill is passed the govt should bring itself up on charges because the govt has stolen from social security and Medicare." SherryTX, I couldn't agree more!

In my preparation I'm becoming a camp counselor, I had to become a certified abuse reporter, which means that if I suspect hold abuse I am fully liable if I do not report it. I mention this because when I went through training, we were informed that all reports would be sent to CPS and Police anonymously, so at this point I don't understand why we don't extend this courtesy to those who report potential fraud against senior citizens.

Unless it comes to light that the institution is also harming the senior financially, then they should be protected from harm for doing something to protect those seniors. Not sure how often this would come into play though, but that could just be me being cynical again.

He world is much different now than when the senior citizens were our age. If anything is will protect the senior citizens and ensure the people who are offering financial advice to the senior actually have the best interests of their clients instead of what could make them the most money.

We have had tens of thousands of seniors thrown into poverty as they retire because their savings and 401Ks were stolen by the wealthy. Yes protection required for the vulnerable

I work in elder abuse prevention. This would help put a lot more folks who are at risk under the radar. Older adults rely on the money they worked so hard to save. A lot of times it's family that does the exploitation. Very sad.

Yes they should be protected when they suspect a crime against them. Even they adult children should be protected. Our system of whistle blowers needs to be more secure. Look what happened to Snowden. He thought he was doing the right thing.

Courts and lawyers should be included.

The strong will always prey on the weak. But by banding together we can be stronger and stop these amoral habits.

In the case of financial abuse of seniors I would prefer to err on the side of too much intervention! The potential for the banks' governing bodies to quietly resolve issues of depositor fraud privately rather than bring cases to the attention of law enforcement is clearly very high when an annual loss to senior depositors is $2.9 billion! In this case, I believe a law such as this is warranted. The required reporting of such suspected incidents would relieve bank employees of the need to lay their jobs on the line and risk being fired for reporting incidents that might adversely affect the public image of the financial institutions that employ them. This would remove the responsibility from the employee alone and place it with legal authorities where it belongs.

This happened to my friend's mother. Had her bank been able to report it, it might have stopped before thousands of dollars were taken her.

It's common sense.

Millions of dollars are being lost by vulnerable elders to scams.

I would like to extend protection to widows a widowers of all ages for first year.

Yes! They should be offered full protection.