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.
Introduced in House
Introduced in House
Referred to the House Committee on Financial Services.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported (Amended) by the Yeas and Nays: 33 - 25.
Reported (Amended) by the Committee on Financial Services. H. Rept. 116-399.
Reported (Amended) by the Committee on Financial Services. H. Rept. 116-399.
Placed on the Union Calendar, Calendar No. 321.
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