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S. 1551 · 111th Congress

Liability for Aiding and Abetting Securities Violations Act of 2009

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IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

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Never voted on. It didn't reach a floor vote before the 111th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

5 cosponsors · 5 D

2 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

Liability for Aiding and Abetting Securities Violations Act of 2009 - Amends the Securities Exchange Act of 1934 to subject to liability in a private civil action any person that knowingly or recklessly provides substantial assistance to another person (aids and abets) in violation of such Act.

What it does: CRS summary · Introduced in Senate · Jul 30, 2009

Liability for Aiding and Abetting Securities Violations Act of 2009 - Amends the Securities Exchange Act of 1934 to subject to liability in a private civil action any person that knowingly or recklessly provides substantial assistance to another person (aids and abets) in violation of such Act.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Liability for Aiding and Abetting Securities Violations Act of 2009

Latest action (Sep 17, 2009): Committee on the Judiciary Senate Subcommittee on Crime and Drugs. Hearings held. With printed Hearing: S.Hrg. 111-369.

Policy area: Finance and Financial Sector · Origin: Senate · Introduced: Jul 30, 2009

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.