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Searching...- Bills
- H.R.681
H.R.681: Securities Private Enforcement Reform Act
About This Bill
- This bill was introduced in the 104th Congress
- This bill is primarily about law
- Introduced Jan. 25, 1995
- Latest Major Action Feb. 21, 1995
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
6 (All Democrats)
Bill Summary
Securities Private Enforcement Reform Act - Amends the Securities Exchange Act of 1934 to declare that a defendant may be liable jointly and severally for damages in an implied private action only if the trier of fact specifically determines that the defendant knowingly engaged in securities fraud. Sets forth a liability allocation scheme to determine the percentage of responsibility among the plaintiff, the defendants, and any other alleged...
(Source: Library of Congress)
Bill Actions
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Referred to the Committee on Commerce, 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.
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Referred to House Commerce
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Referred to House Judiciary
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Referred to the Subcommittee on Telecommunications and Finance.
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| Jan. 25, 1995 |
Introduced in the House by William J. Tauzin (R-La.) |