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- H.R.5042
H.R.5042: Liability for Aiding and Abetting Securities Violations Act of 2010
About This Bill
- This bill was introduced in the 111th Congress
- This bill is primarily about finance and financial sector
- Introduced April 15, 2010
- Latest Major Action July 26, 2010
Bill Sponsor
Bill Cosponsors
9 (All Democrats)
Bill Summary
Liability for Aiding and Abetting Securities Violations Act of 2010 - Amends the Securities Exchange Act of 1934 to subject to liability in a private civil action any person that knowingly or recklessly provides substantial assistance to another person (aids and abets) in violation of such Act.
(Source: Library of Congress)
Bill Actions
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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.
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Referred to House Financial Services
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Referred to House Judiciary
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Referred to the Subcommittee on Courts and Competition Policy.
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| April 15, 2010 |
Introduced in the House by Maxine Waters (D-Calif.) |