HR 5042
111th Congress
House
Finance and Financial Sector
Civil actions and liability
Fraud offenses and financial crimes
Securities
Liability for Aiding and Abetting Securities Violations Act of 2010
Introduced: April 15, 2010
Introduced by:
Waters, Maxine
Democratic
· California
See on congress.gov
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
Plain-English summary
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.
What's happening now
Referred to the Subcommittee on Courts and Competition Policy.