Stronger Enforcement of Civil Penalties Act of 2019
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in senate (Jun 13, 2019)
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.
What just happenedJun 13, 2019
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (S3481-3482)
Who’s behind it
- Introduced in SenateJun 13, 2019
- Jun 13, 2019IntroReferral
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (S3481-3482)
Banking, Housing, and Urban Affairs Committee - Jun 13, 2019IntroReferral10000
Introduced in Senate