Skip to main content
S 1659 111th Congress Senate 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
Sign in to write a letter Sign in to watch
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 10, 2009
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sep 10, 2009
Sponsor introductory remarks on measure. (CR S9268)
Sep 10, 2009
Introduced in Senate
 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 September 10, 2009

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

 Committees of jurisdiction 1
 Cosponsors 2
All 2 Democratic 2