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- S.799
S.799: Securities Fraud Enforcement and Investor Compensation Act of 2019
About This Bill
- Introduced March 14, 2019
- Latest Major Action March 14, 2019
Bill Sponsor
Bill Cosponsor
Bill Version
- Introduced in Senate - March 14, 2019
Bill Summary
Securities Fraud Enforcement and Investor Compensation Act of 2019 This bill provides statutory authority for the Securities and Exchange Commission (SEC) to seek disgorgement (i.e., repayment) as a remedy for unjust enrichment that a person gained through a securities law violation. It also allows the SEC to seek restitution for an investor's loss as a result of a securities law violation by a person registered as or associated with a...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
| March 14, 2019 |
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
|
| March 14, 2019 |
Introduced in the Senate by Mark Warner (D-Va.) |