Stronger Enforcement of Civil Penalties Act of 2021

1/2
Status In Committee
Sponsor John Reed
Citation 117-S-2147
Actions 3
Introduced Jun 21st, 2021
Cosponsors
1 1
Last Action Jul 28th, 2022
Policy Area
Introduced Senate Jun 21
Senate
House
President
Enacted

Summary

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What this bill does

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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.

Actions

3
Senate
INTRODUCED
INTRODUCED
Jun 21, 2021
ON FLOOR
REFERRED TO COMMITTEE
COMMITTEE
COMMITTEE HEARINGS HELD
Jul 28, 2022
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