SB 91 - This act modifies provisions of the Missouri Securities Act of 2003 as it relates to the elderly and disabled.
Definitions for "elderly" and "disabled persons" are added. This act provides that when a defendant is convicted of criminal securities fraud against an elderly or disabled person, the defendant may be fined not less than fifty thousand dollars.
This act also provides options for the commissioner of securities to impose enhanced penalties for securities fraud against the elderly or disabled.
This act is similar to a provision in CCS/SS/SCS/HCS/HB 62 (2009), HB 619 (2009), HCS/HB 26, SCS/SB 889 (2008) and SB 177 (2007).