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Bill116th CongressFiled Jul 9, 2019Finance and Financial Sector
H.R. 3641

Stronger Enforcement of Civil Penalties Act of 2019

Bill journey · stage 2 of 5

Under committee review

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What it doesSummary 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.

What just happenedFeb 27, 2020

Placed on the Union Calendar, Calendar No. 331.

Who’s behind it

Rep. Porter, Katie [D-CA-45](D-CA)Sponsor
Read on Congress.gov
1committees8actions1related bills5subjects
  1. Feb 27, 2020CalendarsH12410

    Placed on the Union Calendar, Calendar No. 331.

  2. Feb 27, 2020CommitteeH12200

    Reported (Amended) by the Committee on Financial Services. H. Rept. 116-410.

    Financial Services Committee
  3. Feb 27, 2020Committee5000

    Reported (Amended) by the Committee on Financial Services. H. Rept. 116-410.

    Financial Services Committee
  4. Jul 16, 2019Committee

    Ordered to be Reported (Amended) by the Yeas and Nays: 33 - 25.

    Financial Services Committee
  5. Jul 16, 2019Committee

    Committee Consideration and Mark-up Session Held.

    Financial Services Committee
  6. Jul 9, 2019IntroReferralH11100

    Referred to the House Committee on Financial Services.

    Financial Services Committee
  7. Jul 9, 2019IntroReferralIntro-H

    Introduced in House

  8. Jul 9, 2019IntroReferral1000

    Introduced in House

Reported to HouseFeb 27, 20207

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.

Introduced in HouseJul 9, 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.

Stronger Enforcement of Civil Penalties Act of 2019 — Informed