A bill to amend chapters 25, 113, and 203 of Title 18 of the United States Code to prevent illegal traffic in lost, stolen, forged, counterfeit, and fraudulent securities.
Securities Protection Act - Makes it a Federal crime: (1) to forge, alter, or counterfeit a marketable security with intent to defraud, (2) to possess or engage in commerce in a forged, altered, or counterfeit security with intent to defraud, or (3) to possess or engage in commerce in any tool to forge, alter, or counterfeit any marketable security.
Authorizes treble damage civil suits with respect to such violations.
Makes it a Federal crime to steal or possess a stolen marketable security or to use a stolen, forged, or altered security at a financial institution.
Introduced in Senate
Referred to Senate Committee on the Judiciary.
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