US Congress House Bill 3550 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 6-0)
Status: Introduced on September 10 2009 - 25% progression, died in committee
Action: 2009-10-19 - Referred to the Subcommittee on Crime, Terrorism, and Homeland Security.
Pending: House Subcommittee on Crime, Terrorism, and Homeland Security Committee
Text: Latest bill text (Introduced) [PDF]

Senior Investor Protections Enhancement Act of 2009 - Amends the Securities Act of 1933, the Securities Exchange Act of 1934, the Investment Company Act of 1940, and the Investment Advisers Act of 1940 to authorize the Securities and Exchange Commission (SEC) to impose, in addition to any other civil penalty, a maximum civil penalty of $50,000 for each violation that is directed toward, targets, or is committed against a person who at the time of the violation is age 62 or older. Directs the United States Sentencing Commission to review and amend federal sentencing guidelines and policy statements to ensure that guideline offense levels and enhancements appropriately punish criminal violations of the securities laws against seniors.

Senior Investor Protections Enhancement Act of 2009

Sen. Mazie Hirono [D-HI]	Rep. Paul Hodes [D-NH]	Rep. Gwen Moore [D-WI]	Rep. Janice Schakowsky [D-IL]
Rep. Paul Tonko [D-NY]	Rep. Paul Tonko [D-NY]

Date	Chamber	Action
2009-10-19		Referred to the Subcommittee on Crime, Terrorism, and Homeland Security.
2009-09-10		Referred to House Judiciary
2009-09-10		Referred to House Financial Services
2009-09-10		Referred to the Committee on Financial Services, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

SB1659 (Same As) 2009-09-10 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Type	Source
Summary	https://www.congress.gov/bill/111th-congress/house-bill/3550/all-info
Text	https://www.congress.gov/111/bills/hr3550/BILLS-111hr3550ih.pdf