S 1551 · 111th Congress 2009–2011, ended

Liability for Aiding and Abetting Securities Violations Act of 2009

Fact sheet

Latest action · Sep 17, 2009 Committee on the Judiciary Senate Subcommittee on Crime and Drugs. Hearings held. With printed Hearing: S.Hrg. 111-369.

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

  1. IntroducedJul 30, 2009
  2. Passed SenateNot reached
  3. Passed HouseNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

Liability for Aiding and Abetting Securities Violations Act of 2009 - 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.

Cosponsors 5

Members who signed on, in the order they did. Signatures ran from Jul 30, 2009 to May 12, 2010, with 2 there on the day it was introduced.

SeatCosponsorSigned on
D-DEEdward E. KaufmanOriginalJul 30, 2009
D-RIJack ReedOriginalJul 30, 2009
D-RISheldon WhitehouseAug 6, 2009
D-VTPatrick J. LeahyApr 19, 2010
D-MAJohn F. KerryMay 12, 2010

Actions 4

Everything that happened, newest first.

  1. Sep 17, 2009Committee on the Judiciary Senate Subcommittee on Crime and Drugs. Hearings held. With printed Hearing: S.Hrg. 111-369.
  2. Jul 30, 2009Introduced in Senate
  3. Jul 30, 2009Read twice and referred to the Committee on the Judiciary.
  4. Jul 30, 2009Sponsor introductory remarks on measure. (CR S8564-8565)

Related bills 1

Companion bills and other measures the record links to this one.

BillTitleRelationshipLatest action
HR 5042Liability for Aiding and Abetting Securities Violations Act of 2010Related billJul 26, 2010

Subjects

Assigned by the Library of Congress. Policy area: Finance and Financial Sector.

Text 1

Each version as it was printed, newest first.

  1. Jul 30, 2009Introduced in Senate

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Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.