To establish a statute of limitations for private rights of action arising from a violation of the Securities Exchange Act of 1934.
Securities Investors Legal Rights Act of 1991 - Amends the Securities Exchange Act of 1934 to set forth a statute of limitations on any private right of action arising from violations of the Act.
Permits the refiling of specified private civil actions which: (1) were dismissed as time barred subsequent to June 19, 1991; and (2) would have been timely filed under the laws of the applicable jurisdiction and the Securities Exchange Act of 1934.
Introduced in House
Introduced in House
Referred to the House Committee on Energy and Commerce.
Referred to the Subcommittee on Telecommunications and Finance.
Subcommittee Hearings Held.
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