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HR 5042 111th Congress House

Liability for Aiding and Abetting Securities Violations Act of 2010

Official title: To amend section 20 of the Securities Exchange Act of 1934 to allow for a private civil action against a person that provides substantial assistance in violation of such Act.

Introduced: July 30, 2010 Introduced by: Waters, Maxine Democratic · California See on congress.gov
Finance and Financial Sector Civil actions and liabilityFraud offenses and financial crimesSecurities
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This bill died when the 111th Congress ended
It never became law before the 111th Congress (2009–2010) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 5 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 26, 2010
Referred to the Subcommittee on Courts and Competition Policy.
Apr 15, 2010
Referred to House Judiciary
Apr 15, 2010
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.
Apr 15, 2010
Referred to House Financial Services
Apr 15, 2010
Introduced in House
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 Latest action July 26, 2010

Referred to the Subcommittee on Courts and Competition Policy.

 Plain-English summary Congressional Research Service

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.


 Related & companion bills 1
  • S 1551 Related bill Liability for Aiding and Abetting Securities Violations Act of 2009
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 3
 Cosponsors 5
All 5 Democratic 4
D
Norton, Eleanor Holmes
District of Columbia · Jul 30, 2010
 D
Lynch, Stephen F.
Massachusetts · Jul 22, 2010
 D
Pingree, Chellie
Maine · May 25, 2010
 D
Green, Al
Texas · May 6, 2010
Hodes, Paul
· May 6, 2010
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 5042: Liability for Aiding and Abetting Securities Violations Act of 2010. 111th Congress. Open America. https://openamerica.io/bill/111-HR-5042/
MLA
"H.R. 5042: Liability for Aiding and Abetting Securities Violations Act of 2010." 111th Congress, 2026, Open America, https://openamerica.io/bill/111-HR-5042/.
Bluebook (legal)
H.R. 5042, 111th Cong. (2026), https://openamerica.io/bill/111-HR-5042/.
Markdown link
[H.R. 5042: Liability for Aiding and Abetting Securities Violations Act of 2010](https://openamerica.io/bill/111-HR-5042/)
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