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Stronger Enforcement of Civil Penalties Act of 2023

USA118th CongressS-837| Senate 
| Updated: 3/16/2023
Jack Reed

Jack Reed

Democratic Senator

Rhode Island

Cosponsors (1)
Chuck Grassley (Republican)

Banking, Housing, and Urban Affairs Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Stronger Enforcement of Civil Penalties Act of 2023 This bill increases the maximum civil and administrative monetary penalties for securities laws violations. The bill also adds a fourth tier of monetary penalties for violations by a person who, 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

Bill from Previous Congress

S 116-1854
Stronger Enforcement of Civil Penalties Act of 2019

Bill from Previous Congress

S 117-2147
Stronger Enforcement of Civil Penalties Act of 2021
Mar 16, 2023
Introduced in Senate
Mar 16, 2023
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S827-828)
Sep 3, 2024

Latest Companion Bill Action

HR 118-9451
Introduced in House
  • Bill from Previous Congress

    S 116-1854
    Stronger Enforcement of Civil Penalties Act of 2019


  • Bill from Previous Congress

    S 117-2147
    Stronger Enforcement of Civil Penalties Act of 2021


  • March 16, 2023
    Introduced in Senate


  • March 16, 2023
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S827-828)


  • September 3, 2024

    Latest Companion Bill Action

    HR 118-9451
    Introduced in House

Finance and Financial Sector

Related Bills

  • HR 118-9451: Stronger Enforcement of Civil Penalties Act of 2024

Stronger Enforcement of Civil Penalties Act of 2023

USA118th CongressS-837| Senate 
| Updated: 3/16/2023
Stronger Enforcement of Civil Penalties Act of 2023 This bill increases the maximum civil and administrative monetary penalties for securities laws violations. The bill also adds a fourth tier of monetary penalties for violations by a person who, 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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

S 116-1854
Stronger Enforcement of Civil Penalties Act of 2019

Bill from Previous Congress

S 117-2147
Stronger Enforcement of Civil Penalties Act of 2021
Mar 16, 2023
Introduced in Senate
Mar 16, 2023
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S827-828)
Sep 3, 2024

Latest Companion Bill Action

HR 118-9451
Introduced in House
  • Bill from Previous Congress

    S 116-1854
    Stronger Enforcement of Civil Penalties Act of 2019


  • Bill from Previous Congress

    S 117-2147
    Stronger Enforcement of Civil Penalties Act of 2021


  • March 16, 2023
    Introduced in Senate


  • March 16, 2023
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S827-828)


  • September 3, 2024

    Latest Companion Bill Action

    HR 118-9451
    Introduced in House
Jack Reed

Jack Reed

Democratic Senator

Rhode Island

Cosponsors (1)
Chuck Grassley (Republican)

Banking, Housing, and Urban Affairs Committee

Finance and Financial Sector

Related Bills

  • HR 118-9451: Stronger Enforcement of Civil Penalties Act of 2024
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted