Skip to main content
S 1960 114th Congress Senate Finance and Financial Sector Banking and financial institutions regulation Civil actions and liability Financial services and investments Government studies and investigations Securities Securities and Exchange Commission (SEC)

A bill to establish a statute of limitations for certain actions of the Securities and Exchange Commission, and for other purposes.

Introduced: August 5, 2015 Introduced by: Reed, Jack Democratic · Rhode Island See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Aug 5, 2015
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S6386)
Aug 5, 2015
Introduced in Senate
 Plain-English summary Congressional Research Service

Amends the Securities Exchange Act of 1934 to establish a 10-year statute of limitations governing an action or proceeding by the Securities and Exchange Commission for a civil monetary penalty.

Tolls this statute of limitations any time an alleged violator is either absent from the United States or has no reasonably ascertainable place of abode or work within it.

What's happening now August 5, 2015

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S6386)

 Committees of jurisdiction 1