Stronger Enforcement of Civil Penalties Act of 2019

United States116th CongressHR-3641House of Representatives
Updated: Feb 27, 2020

Summary

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.

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Timeline

Latest companion bill action

S-1854: Stronger Enforcement of Civil Penalties Act of 2019

Introduced in Senate

  1. Committee Consideration and Mark-up Session Held.

    House of Representatives

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

    House of Representatives

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

    House of Representatives

  4. Placed on the Union Calendar, Calendar No. 331.

    House of Representatives