Stronger Enforcement of Civil Penalties Act of 2019
Latest action · Jun 13, 2019 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (S3481-3482)
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.
- IntroducedJun 13, 2019
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
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.
Cosponsors 2
Members who signed on, in the order they did. All signed on Jun 13, 2019.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-IA | Chuck Grassley | Original | Jun 13, 2019 |
| D-VT | Patrick J. Leahy | Original | Jun 13, 2019 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| Senate | Banking, Housing, and Urban Affairs Committee | Referred Jun 13, 2019 |
Actions 2
Everything that happened, newest first.
- Jun 13, 2019Introduced in Senate
- Jun 13, 2019Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (S3481-3482)
In the Congressional Record 1
Days the Record’s own index lists this bill, newest first, with the pages and the members it names. Pages starting H are the House, S the Senate, E Extensions of Remarks.
Related bills 2
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 2147 | Stronger Enforcement of Civil Penalties Act of 2021 | Reintroduced Bill | Jul 28, 2022 |
| HR 3641 | Stronger Enforcement of Civil Penalties Act of 2019 | Identical bill | Feb 27, 2020 |
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- A bill to enhance civil penalties under the Federal securities laws, and for other purposes.
- Short Title(s) as Introduced
- Stronger Enforcement of Civil Penalties Act of 2019
Subjects
Assigned by the Library of Congress. Policy area: Finance and Financial Sector.
Text 1
Each version as it was printed, newest first.
- Jun 13, 2019Introduced in Senate
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; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
