Stronger Enforcement of Civil Penalties Act of 2021
Bill journey · stage 1 of 5
Just introduced
What it doesSummary introduced in senate (Jun 21, 2021)
Stronger Enforcement of Civil Penalties Act of 2021
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 happenedJul 28, 2022
Committee on Banking, Housing, and Urban Affairs. Hearings held.
Who’s behind it
- Introduced in SenateJun 21, 2021
- Jul 28, 2022Committee
Committee on Banking, Housing, and Urban Affairs. Hearings held.
Banking, Housing, and Urban Affairs Committee - Jun 21, 2021IntroReferral
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S4657-4658)
Banking, Housing, and Urban Affairs Committee - Jun 21, 2021IntroReferral10000
Introduced in Senate