SEC Act of 2025

2/5/2025, 4:41 PM
Congress
119
Number
HR - 216
Introduced on
2025-01-07
# Amendments
0
Sponsors
+5

Variations and Revisions

1/7/2025
Text
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Related

Committee:  
Financial Services

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

Securities Enforcement Clarity Act of 2025 or the SEC Act of 2025

This bill specifies when separate occurrences of securities law violations must be considered as a single violation for purposes of calculating penalties. Specifically, separate occurrences must be counted as a single violation when the acts in question are the result of (1) a common or a substantially overlapping cause, (2) the same misstatement or omission, or (3) a continuing failure to comply.

The bill applies to various violations of securities law, including those involving the registration, offer, and sale of securities; and the conduct of brokers, dealers, and investment advisers.

Bill 119 HR 216 aims to make changes to several key pieces of legislation related to securities and investments in the United States. Specifically, the bill seeks to amend the Securities Act of 1933, the Securities Exchange Act of 1934, the Investment Company Act of 1940, and the Investment Advisors Act of 1940 in order to address how violations are determined.

The bill proposes changes to the way violations of these acts are identified and addressed. This includes updating the criteria used to determine when a violation has occurred and establishing new procedures for investigating and penalizing violations. The goal of these changes is to improve the effectiveness of enforcement actions and ensure that individuals and entities are held accountable for violating securities laws.

Overall, Bill 119 HR 216 represents an effort to strengthen the regulatory framework governing securities and investments in the United States. By updating and clarifying the rules surrounding violations of key legislation, the bill aims to enhance investor protection and promote fair and transparent markets.
Alternative Names
Official Title as IntroducedTo amend the Securities Act of 1933, the Securities Exchange Act of 1934, the Investment Company Act of 1940, and the Investment Advisors Act of 1940 with respect to the determination of violations.
Policy Areas
Finance and Financial Sector

Comments

Recent Activity

Latest Summary3/4/2025

Securities Enforcement Clarity Act of 2025 or the SEC Act of 2025

This bill specifies when separate occurrences of securities law violations must be considered as a single violation for purposes of calculating penalties. Spe...

Latest Action1/7/2025
Referred to the House Committee on Financial Services.