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HR 1463 114th Congress House

SEC Revolving Door Restriction Act of 2015

Official title: To amend the Securities Exchange Act of 1934 to provide for a one-year employment restriction for ex-employees of the Securities and Exchange Commission seekin… Show full official titleShow less

Official title: To amend the Securities Exchange Act of 1934 to provide for a one-year employment restriction for ex-employees of the Securities and Exchange Commission seeking to work for companies against which the Commission brought enforcement actions that were participated on by such ex-employees, and for other purposes.

Introduced: March 19, 2015 Introduced by: Lynch, Stephen F. Democratic · Massachusetts See on congress.gov
Finance and Financial Sector Fraud offenses and financial crimesGovernment ethics and transparency, public corruptionSecuritiesSecurities and Exchange Commission (SEC)
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This bill died when the 114th Congress ended
It never became law before the 114th Congress (2015–2016) 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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 19, 2015
Referred to the House Committee on Financial Services.
Mar 19, 2015
Introduced in House
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 Latest action March 19, 2015

Referred to the House Committee on Financial Services.

 Plain-English summary Congressional Research Service

SEC Revolving Door Restriction Act of 2015

This bill amends the Securities Exchange Act of 1934 to subject to federal criminal penalties for bribery, graft, and conflicts of interest an ex-employee of the Securities and Exchange Commission (SEC) who, within one year after ending employment with the SEC, works for any company or individual against whom the SEC brought an enforcement action (or a related waiver) within the previous 18 months and the ex-employee participated in that action.

Any employee who seeks to work for such a company or individual must first receive an ethics opinion from the SEC on whether permission to do so should be granted.

Non-professional SEC staff are exempt from this employment prohibition.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). H.R. 1463: SEC Revolving Door Restriction Act of 2015. 114th Congress. Open America. https://openamerica.io/bill/114-HR-1463/
MLA
"H.R. 1463: SEC Revolving Door Restriction Act of 2015." 114th Congress, 2026, Open America, https://openamerica.io/bill/114-HR-1463/.
Bluebook (legal)
H.R. 1463, 114th Cong. (2026), https://openamerica.io/bill/114-HR-1463/.
Markdown link
[H.R. 1463: SEC Revolving Door Restriction Act of 2015](https://openamerica.io/bill/114-HR-1463/)
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