Mon November 18th, 2019
Pay-as-you-go estimate only; "CBO also anticipates that a small percentage of the new actions would stem from information provided by whistleblowers who would be eligible for payments from the SEC. Those payments would be recorded in the budget as additional direct spending."
Sponsor: Rep. Ben McAdams — D — UT
Provides statutory authority for the Securities and Exchange Commission (SEC) to seek disgorgement (i.e., repayment) as a remedy for unjust enrichment gained through a securities law violation. It also allows the SEC to seek certain injunctive relief.
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