Liability for Aiding and Abetting Securities Violations Act of 2010

Fact Sheet API

Bill Number

HR 5042

Introduced

Apr 15, 2010

Latest Action

Referred to the Subcommittee on Courts and Competition Policy.

Sponsor

Cosponsors

Topics

Civil actions and liability Finance and Financial Sector Fraud offenses and financial crimes Securities

Full Text

View Full Bill Text

Votes

Summary

Liability for Aiding and Abetting Securities Violations Act of 2010 - Amends the Securities Exchange Act of 1934 to subject to liability in a private civil action any person that knowingly or recklessly provides substantial assistance to another person (aids and abets) in violation of such Act.

Actions

Jul 26, 2010

Referred to the Subcommittee on Courts and Competition Policy.
Apr 15, 2010

Referred to House Judiciary
Apr 15, 2010

Referred to the Committee on Financial Services, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Apr 15, 2010

Referred to House Financial Services
Apr 15, 2010

Introduced in House

Amendments

Related Bills