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- S.2155
S.2155: Stop Wall Street Looting Act
About This Bill
- Introduced July 17, 2019
- Latest Major Action July 17, 2019
Bill Sponsor
Bill Cosponsors
4 (3 Democrats, 1 Independent Democrat)
Bill Version
- Introduced in Senate - July 17, 2019
Bill Summary
Stop Wall Street Looting Act This bill generally revises provisions related to the regulation of private equity funds. Among other things, the bill increases financial and legal liability for these funds in the event of certain violations of law, gives employee compensation higher priority in bankruptcies, and generally prohibits the payment of dividends for two years from an acquired asset firm to a private equity fund. The bill...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
| July 17, 2019 |
Read twice and referred to the Committee on Finance.
|
| July 17, 2019 |
Introduced in the Senate by Elizabeth Warren (D-Mass.) |