US SB2868 | 2013-2014 | 113th Congress
Status
Spectrum: Partisan Bill (Democrat 5-0)
Status: Introduced on September 18 2014 - 25% progression, died in committee
Action: 2014-09-18 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on September 18 2014 - 25% progression, died in committee
Action: 2014-09-18 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Amends the Securities Exchange Act of 1934 to establish a 10-year statute of limitations governing an action or proceeding by the Securities and Exchange Commission (SEC) for a civil monetary penalty. Tolls this statute of limitations any time an alleged violator is either absent from the United States or has no reasonably ascertainable place of abode or work within it.
Title
A bill to establish a statute of limitations for certain actions of the Securities and Exchange Commission, and for other purposes.
Sponsors
| Sen. Jack Reed [D-RI] | Sen. Carl Levin [D-MI] | Sen. Edward Markey [D-MA] | Sen. Jeanne Shaheen [D-NH] |
| Sen. Elizabeth Warren [D-MA] |
History
| Date | Chamber | Action |
|---|---|---|
| 2014-09-18 | Senate | Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. |
| 2014-09-18 | Senate | Sponsor introductory remarks on measure. (CR S5788) |
Subjects
Banking and financial institutions regulation
Civil actions and liability
Finance and financial sector
Financial services and investments
Government studies and investigations
Securities
Securities and Exchange Commission (SEC)
Civil actions and liability
Finance and financial sector
Financial services and investments
Government studies and investigations
Securities
Securities and Exchange Commission (SEC)
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/113th-congress/senate-bill/2868/all-info |
| Text | https://www.congress.gov/113/bills/s2868/BILLS-113s2868is.pdf |
