1. Short title This Act may be cited as the National Senior Investor Initiative Act of 2023 or the Senior Security Act of 2023 . 2. Senior Investor Taskforce Section 4 of the Securities Exchange Act of 1934 ( 15 U.S.C. 78d ) is amended by adding at the end the following: (l) Senior Investor Taskforce (1) Definitions In this subsection— (A) the term appropriate committees of Congress means— (i) the Committee on Banking, Housing, and Urban Affairs of the Senate; (ii) the Special Committee on Aging of the Senate; and (iii) the Committee on Financial Services of the House of Representatives; and (B) the term senior investor means an investor who is older than 65 years of age. (2) Establishment There is established within the Commission the Senior Investor Taskforce (referred to in this subsection as the Taskforce ). (3) Director of the Taskforce The head of the Taskforce shall be the Director, who shall— (A) report directly to the Chairman; and (B) be appointed by the Chairman, in consultation with the Commission, from among individuals— (i) currently employed by the Commission or from outside of the Commission; and (ii) having experience in advocating for the interests of senior investors. (4) Staffing (A) In general The Chairman shall ensure that— (i) the Taskforce is staffed sufficiently to carry out fully the requirements of this subsection