705

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Amendment Number
705
Purpose
Providing that no civil injunctive relief shall be imposed with respect to (a) any issuer for failing to comply with the requirements if such issuer shall show that it acted in good faith in attempting to comply with such requirements; or (b) any person other than issuer, in connection with an issuer's failure to comply, unless such person knowingly caused the issuer to fail to devise or maintain a system of internal accounting controls.
Congress
97
Type
SUAMDT
Latest Action Date
Nov 23, 1981
Latest Action Text
Amendment agreed to in Senate by Voice Vote.
Proposed Date
Nov 23, 1981
Submitted Date
Nov 23, 1981
Chamber
Senate
Update Date
Jun 29, 2021
Amendment 705 — Informed