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HR 3550 111th Congress House Finance and Financial Sector Aging Civil actions and liability Criminal procedure and sentencing Financial services and investments Fraud offenses and financial crimes Securities U.S. Sentencing Commission

Senior Investor Protections Enhancement Act of 2009

Introduced: September 10, 2009 See on congress.gov
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 Everywhere this bill has been 5 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 19, 2009
Referred to the Subcommittee on Crime, Terrorism, and Homeland Security.
Sep 10, 2009
Referred to House Judiciary
Sep 10, 2009
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.
Sep 10, 2009
Referred to House Financial Services
Sep 10, 2009
Introduced in House
 Plain-English summary Congressional Research Service

Senior Investor Protections Enhancement Act of 2009 - Amends the Securities Act of 1933, the Securities Exchange Act of 1934, the Investment Company Act of 1940, and the Investment Advisers Act of 1940 to authorize the Securities and Exchange Commission (SEC) to impose, in addition to any other civil penalty, a maximum civil penalty of $50,000 for each violation that is directed toward, targets, or is committed against a person who at the time of the violation is age 62 or older.

Directs the United States Sentencing Commission to review and amend federal sentencing guidelines and policy statements to ensure that guideline offense levels and enhancements appropriately punish criminal violations of the securities laws against seniors.

What's happening now October 19, 2009

Referred to the Subcommittee on Crime, Terrorism, and Homeland Security.

 Committees of jurisdiction 3
 Cosponsors 4
All 4 Democratic 4