MO HB645

Protects "qualified adults" defined as persons 60 years or older, or disabled individuals ages 18-59, from financial exploitation by broker-dealers and agents

Allows qualified individuals at broker-dealers to notify the Department of Health and Senior Services and Commissioner of Securities when they reasonably believe financial exploitation has occurred or is being attempted

Permits broker-dealers to refuse disbursement requests for up to 10 business days if they reasonably believe the transaction would result in financial exploitation, with required notification to account parties within 2 business days and agencies within 3 business days

Grants civil liability immunity to broker-dealers, agents, and qualified individuals who comply with reporting and refusal provisions in good faith

Requires the Commissioner of Securities to develop a training website by September 1, 2016 with resources on detecting and preventing financial exploitation of qualified adults