; and (ii) having experience in advocating for the interests of senior investors. (4) Staffing The Chairman shall ensure that— (A) the Taskforce is staffed sufficiently to carry out fully the requirements of this subsection; and (B) the staff described in subparagraph (A) includes individuals from the Division of Enforcement, the Office of Compliance Inspections and Examinations, and the Office of Investor Education and Advocacy. (5) Minimizing duplication of efforts In organizing and staffing the Taskforce, the Chairman shall take such actions as may be necessary to minimize the duplication of efforts within the divisions and offices described in paragraph (4)(B) and any other divisions, offices, or taskforces of the Commission. (6) Functions of the Taskforce The Taskforce shall— (A) identify challenges that senior investors encounter, including problems associated with financial exploitation and cognitive decline; (B) identify areas in which senior investors would benefit from changes in the regulations of the Commission or the rules of self-regulatory organizations; (C) coordinate, as appropriate, with other offices within the Commission, other taskforces that may be established within the Commission, self-regulatory organizations, and the Elder Justice Coordinating Council; and (D) consult, as appropriate, with State securities and law enforcement authorities, State insurance regulators, and other Federal agencies. (7) Report (A) In general Subject to subparagraph (B), the Taskforce, in coordination, as appropriate, with the Office of the Investor Advocate and self-regulatory organizations, and in consultation, as appropriate, with State securities and law enforcement authorities, State insurance regulators, and Federal agencies, shall submit to the appropriate committees of Congress a biennial report containing— (i) appropriate statistical information and full and substantive analysis; (ii) a summary of recent trends and innovations that have impacted the investment landscape for senior investors