H.R. 3641: Stronger Enforcement of Civil Penalties Act of 2019
CBO Score
$2.06 billion
Documentation
Date of Report
Thu February 20th, 2020
CBO Report Details
Legislation Details
116th Congress
To enhance civil penalties under the Federal securities laws, and for other purposes.
Sponsor: Rep. Katie Porter — D — CA
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 alleg...
JOIN US!
Sign up below to receive updates when your Members of Congress vote for new spending increases or cuts.
Lost your Password?
Don't be sad- we've got your back. Just enter your email below and instructions on resetting your password will be sent to you.
×