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Searching...- Bills
- H.R.6513
H.R.6513: Securities Act of 2008
About This Bill
- This bill was introduced in the 110th Congress
- This bill is primarily about congress
- Introduced July 16, 2008
- Latest Major Action Sept. 12, 2008
Bill Sponsor
Bill Cosponsors
15 (8 Democrats, 8 Republicans)
Bill Summary
Securities Act of 2008 - (Sec. 2) Amends the Securities Act of 1933, the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, and the Investment Company Act of 1940 to authorize the Securities and Exchange Commission (SEC) to assess and impose civil penalties in a cease and desist proceeding.Creates three tiers of increasing civil penalties for acts or omissions of increasing gravity.(Sec. 3) Authorizes the SEC to censure,...
(Source: Library of Congress)
Bill Actions
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Referred to the House Committee on Financial Services.
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Mr. Kanjorski moved to suspend the rules and pass the bill, as amended.
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Considered under suspension of the rules.
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DEBATE - The House proceeded with forty minutes of debate on H.R. 6513.
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At the conclusion of debate, the chair put the question on the motion to suspend the rules. Mr. Ehlers objected to the vote on the grounds that a quorum was not present. Further proceedings on the motion were postponed. The point of no quorum was withdrawn.
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ORDER OF PROCEDURE - Mr. Hoyer asked unanimous consent that the motion to suspend the rules be considered as adopted in the form considered by the House on Tuesday, September 9, 2008.
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On motion to suspend the rules and pass the bill, as amended Agreed to without objection.
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Motion to reconsider laid on the table Agreed to without objection.
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Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
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| July 16, 2008 |
Introduced in the House by Paul E. Kanjorski (D-Pa.) |