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Strengthening Fraud Protection Provisions for SEC Enforcement Act of 2019
11/1/2022, 1:50 PM
Congressional Summary of HR 3701
Strengthening Fraud Protection Provisions for SEC Enforcement Act of 2019
This bill establishes a 10-year statute of limitations for an action or proceeding by the Securities and Exchange Commission for a civil monetary penalty.
The statute of limitations is tolled any time an alleged violator is either absent from the United States or has no reasonably ascertainable place of abode or work within the United States.
Read the Full Bill
Current Status of Bill HR 3701
Bill HR 3701 is currently in the status of Bill Introduced since July 11, 2019. Bill HR 3701 was introduced during Congress 116 and was introduced to the House on July 11, 2019. Bill HR 3701's most recent activity was Placed on the Union Calendar, Calendar No. 321. as of February 21, 2020
Bipartisan Support of Bill HR 3701
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
1Democrat Cosponsors
1Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 3701
Primary Policy Focus
Finance and Financial SectorPotential Impact Areas
- Banking and financial institutions regulation
- Civil actions and liability
- Financial services and investments
- Government studies and investigations
- Securities
- Securities and Exchange Commission (SEC)
Alternate Title(s) of Bill HR 3701
Strengthening Fraud Protection Provisions for SEC Enforcement Act of 2019
To establish a statute of limitations for certain actions of the Securities and Exchange Commission, and for other purposes.
Strengthening Fraud Protection Provisions for SEC Enforcement Act of 2019
Comments
Sponsors and Cosponsors of HR 3701
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