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- S.1551
S.1551: Liability for Aiding and Abetting Securities Violations Act of 2009
About This Bill
- This bill was introduced in the 111th Congress
- This bill is primarily about finance and financial sector
- Introduced July 30, 2009
- Latest Major Action Sept. 17, 2009
Bill Sponsor
Bill Cosponsors
5 (All Democrats)
Bill Summary
Liability for Aiding and Abetting Securities Violations Act of 2009 - 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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Sponsor introductory remarks on measure.
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Read twice and referred to the Committee on the Judiciary.
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Committee on the Judiciary Senate Subcommittee on Crime and Drugs. Hearings held. With printed Hearing: S.Hrg. 111-369.
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| July 30, 2009 |
Introduced in the Senate by Arlen Specter (D-Pa.) |