US Congress Senate Bill 1854 (Prior Session Legislation)

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Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: Introduced on June 13 2019 - 25% progression, died in committee
Action: 2019-06-13 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (S3481-3482)
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Introduced) [PDF]

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.

Stronger Enforcement of Civil Penalties Act of 2019

Sen. Jack Reed [D-RI]

Sen. Chuck Grassley [R-IA]

Sen. Patrick Leahy [D-VT]

Date	Chamber	Action
2019-06-13	Senate	Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (S3481-3482)

HB3641 (Same As) 2020-02-27 - Placed on the Union Calendar, Calendar No. 331.

Type	Source
Summary	https://www.congress.gov/bill/116th-congress/senate-bill/1854/all-info
Text	https://www.congress.gov/116/bills/s1854/BILLS-116s1854is.pdf