Hearing DetailsJoint Committee on Financial Services

Event Details

Status:: Completed
Event Date:: Tuesday, October 7, 2025
Start Time:: 10:30 AM
Location:: A-2 and Virtual
Event Description: Financial Literacy, Financial Fraud, and Financial Technology

The Joint Committee on Financial Services will hold a public hearing on the following financial literacy, financial fraud, and financial technology matters.

*Please be advised that the agenda and docket of bills to be heard may be amended upon agreement of the Chairs no less than 72 hours from the time of such hearing pursuant to Joint Rule 1D.

**All Senate matters above are required to be reported on by December 3, 2025, pursuant to Joint Rule 10.

***All House matters above are required to be reported on by December 6, 2025, subject to extensions consistent with House Rule 27.

The public is invited to participate in this hybrid hearing, which will be livestreamed on the General Court website, https://malegislature.gov/.

The hearing will be recorded and archived on the Joint Committee on Financial Services webpage for the duration of the 194th legislative session at, https://malegislature.gov/Committees/Detail/J11/Hearings.

***INSTRUCTIONS FOR REGISTRATION / TESTIMONY***

Persons who wish to testify in person or virtually or submit written testimony may do so by completing this form linked here.

https://forms.office.com/g/p7hLLD6H6d

DEADLINE TO PRE-REGISTER: Persons planning to testify virtually must sign up no later than 5:00 p.m. on Monday, October 6, 2025. Individuals and groups testifying in person are strongly encouraged to register using the form above prior to the deadline. Registration by the deadline is required for those who wish to testify virtually during the live hearing and encouraged for those who wish to testify in person. Please indicate whether you plan to testify in person or virtually. A Microsoft Teams invitation to the hearing will be emailed after the registration deadline closes, shortly before the hearing. Please be aware that even those who register to testify in person will be emailed a Teams link to participate virtually as a backup option.

SAME DAY SIGN-UP FOR IN-PERSON TESTIMONY ONLY – IF TIME ALLOWS: Individuals who miss the deadline to pre-register for testimony may appear on the day of the hearing and sign-up to speak in person on forms provided by committee staff outside of the hearing room. Time permitting, when all pre-registered individuals have been called to testify, the Chairs will then call any individuals who signed up on the day of the hearing.

WRITTEN TESTIMONY: If you would like to provide written testimony, please include the bill number in the subject line of the email, as well as your name, address, phone number, and organization, if any, on the submitted testimony. Written testimony is encouraged and will continue to be accepted after the hearing until the relevant bill is acted upon. The Committee requests that written testimony may be submitted to the Joint Committee on Financial Services by emailing   jointcmte-financialservices@malegislature.gov  Please include "Financial Services Committee Testimony, [Relevant Bill Number]" in the subject line of the email. Those who plan to submit only written testimony may do so before or after the signup deadline. 

The most secure method to submit testimony is through The Committee’s email address above. In the alternative, written testimony may be submitted to the Committee at: State House, Joint Committee on Financial Services, Room 254, 24 Beacon Street, Boston, MA. 02133. Please use only one method to submit your testimony and please submit no more than once.

Please be advised that all written testimony submitted will be read by Committee Members and staff and may be made publicly available at the discretion of the Chairs. Do not submit any personal information you do not wish to disclose publicly.

ORDER OF TESTIMONY: The Chairs, at their discretion, will determine the order of testimony during the hearing. It is the responsibility of the individuals registered to testify to be prepared to speak when called upon by the Chairs. In the event that an individual is called by the Chairs and that person is unavailable to testify, the Chairs will move on and call the next individual or panel. The Chairs will limit testimony to 3 minutes per speaker.

If you have any questions, you may email Daniel Tobin-Rosman, daniel.tobin-rosman@mahouse.gov from Chair Murphy’s office or Shane Correale shane.correale@masenate.gov from Chair Feeney’s office.
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Item Name	Start Time	Duration	Webcast
Joint Committee on Financial Services - 10-7-2025	10/7/2025 10:30 AM	02:32:37

Financial Literacy, Financial Fraud, Financial Technology 10:30am - 1:10pm

Bill	Bill Title	Sponsor
H.1089	An Act providing for regulation and reporting requirements for qualifying virtual currency kiosk operators	Bruce J. Ayers
H.1112	An Act relative to control share acquisitions	Tackey Chan
H.1119	An Act relative to financial technology services	Mark J. Cusack
H.1182	An Act relative to litigation financing	Danielle W. Gregoire
H.1239	An Act protecting vulnerable adults from financial exploitation	John J. Lawn, Jr.
H.1247	An Act relative to preventing fraud and establishing regulations on certain virtual currencies	Kate Lipper-Garabedian
H.1273	An Act establishing uniform enforcement and confidentiality provisions relative to certain licensees under the jurisdiction of the Division of Banks	James M. Murphy
H.1331	An Act to increase financial access for all	Jeffrey Rosario Turco
S.680	An Act to provide transparency in third party litigation financing	Nick Collins
S.707	An Act relative to preventing fraud and establishing regulations on certain virtual currencies	John J. Cronin
S.725	An Act relative to financial technology services	Sal N. DiDomenico
S.749	An Act establishing the interagency financial scams task force	Paul R. Feeney
S.750	An Act establishing uniform enforcement and confidentiality provisions relative to certain licensees under the jurisdiction of the division of banks	Paul R. Feeney
S.752	An Act promoting financial literacy, wealth-building, and economic opportunity for all	Paul R. Feeney
S.757	An Act establishing regulations on certain virtual currencies for fraud prevention	Barry R. Finegold
S.794	An Act relative to the fiduciary responsibility of lenders for non-payment of insurance premiums from escrowed accounts	Mark C. Montigny
S.804	An Act providing for regulation and reporting requirements for qualifying virtual currency kiosk operators	Patrick M. O'Connor

Present (17)

Paul R. Feeney (SEN)

James M. Murphy (HOU)

David Biele (HOU)

Simon Cataldo (HOU)

Michael S. Chaisson (HOU)

William J. Driscoll, Jr. (SEN)

Adam Gómez (SEN)

Ryan M. Hamilton (HOU)

Steven S. Howitt (HOU)

Sally P. Kerans (HOU)

Kate Lipper-Garabedian (HOU)

William F. MacGregor (HOU)

Michael O. Moore (SEN)

Tram T. Nguyen (HOU)

Jacob R. Oliveira (SEN)

Bruce E. Tarr (SEN)

Christopher J. Worrell (HOU)

	Document
	H1089 Summary
	H1112 Summary
	H1119 Summary
	H1182 Summary
	H1239 Summary
	H1247 Summary
	H1273 Summary
	H1331 Summary

Hearing DetailsJoint Committee on Financial Services

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