H.R.1311: Fairness in Securities Transactions Act

About This Bill

Bill Summary

Fairness in Securities Transactions Act- Amends the Securities Exchange Act of 1934 to reduce (from one three-hundredth of one percent to one five-hundredth of one percent) the transaction fees designed to recover the costs to the Government of securities markets oversight and enforcement.Replaces the fee structure for off-exchange trades of last-sale-reported securities with a fee structure for off-exchange trades of exchange-registered and...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Financial Services.
Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises.
March 29, 2001

Introduced in the House by John J. LaFalce (D-N.Y.)

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