H.R. 3641 · 116th Congress
Stronger Enforcement of Civil Penalties Act of 2019
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Never voted on. It didn't reach a floor vote before the 116th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
PorterSponsorNo cosponsors.
This bill increases civil and administrative monetary penalties for securities laws violations.
What it does: CRS summary · Reported to House · Feb 27, 2020
Stronger Enforcement of Civil Penalties Act of 2019
This bill increases civil and administrative monetary penalties for securities laws violations.
The bill also adds a fourth tier of monetary penalties for violations by a person that, within the five-year period preceding the violation (1) was criminally convicted for securities fraud; or (2) became subject to a judgment or order imposing monetary, equitable, or administrative relief in a Securities and Exchange Commission (SEC) action alleging fraud.
In addition, the bill expands penalties for violations of certain federal court injunctions or SEC orders.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Stronger Enforcement of Civil Penalties Act of 2019
Latest action (Feb 27, 2020): Placed on the Union Calendar, Calendar No. 331.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Jul 9, 2019
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.