H.R. 4344 116th Congress House

Investor Protection and Capital Markets Fairness Act

Official title: To amend the Securities Exchange Act of 1934 to allow the Securities and Exchange Commission to seek and Federal courts to grant disgorgement of unjust enrichment, and for other purposes.

Introduced: September 17, 2019 See on congress.gov

Finance and Financial Sector Administrative remediesCivil actions and liabilityFederal district courtsFraud offenses and financial crimes

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SecuritiesSecurities and Exchange Commission (SEC)

Everywhere this bill has been 14 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Nov 19, 2019

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

Nov 18, 2019

Motion to reconsider laid on the table Agreed to without objection.

Nov 18, 2019

On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 314 - 95 (Roll no. 627). (text: CR H8929)

Nov 18, 2019

Considered as unfinished business. (consideration: CR H8941-8942)

Nov 18, 2019

At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.

Nov 18, 2019

DEBATE - The House proceeded with forty minutes of debate on H.R. 4344.

Nov 18, 2019

Considered under suspension of the rules. (consideration: CR H8929-8932)

Nov 18, 2019

Mr. Green, Al (TX) moved to suspend the rules and pass the bill, as amended.

Sep 20, 2019

Ordered to be Reported (Amended) by the Yeas and Nays: 49 - 5.

Sep 20, 2019

Committee Consideration and Mark-up Session Held.

Sep 19, 2019

Committee Consideration and Mark-up Session Held.

Sep 18, 2019

Committee Consideration and Mark-up Session Held.

Sep 17, 2019

Introduced in House

Sep 17, 2019

Referred to the House Committee on Financial Services.

Votes taken on this bill 1

Date	Chamber	What was voted on	Result	Yes–No
Nov 18, 2019	House · vote #627	On Motion to Suspend the Rules and Pass, as Amended	Passed	314–95	See who voted →

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Latest action November 19, 2019

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

Plain-English summary Congressional Research Service

Investor Protection and Capital Markets Fairness Act

This bill provides statutory authority for the Securities and Exchange Commission (SEC) to seek disgorgement (i.e., repayment) as a remedy for unjust enrichment gained through a securities law violation. It also allows the SEC to seek certain injunctive relief.

Related & companion bills 1

Bill text 3 versions

Engrossed in House Formatted Text PDF Formatted XML
Introduced in House Formatted Text PDF Formatted XML
Referred in Senate Formatted Text PDF Formatted XML

Source documents hosted by congress.gov.

Committees of jurisdiction 2

Financial Services Committee
House of Representatives
Banking, Housing, and Urban Affairs Committee
Senate

Cosponsors 1

Huizenga, Bill

Michigan · Sep 17, 2019

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APA

U.S. Congress. (2026). H.R. 4344: Investor Protection and Capital Markets Fairness Act. 116th Congress. Open America. https://openamerica.io/bill/116-HR-4344/

MLA

"H.R. 4344: Investor Protection and Capital Markets Fairness Act." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-HR-4344/.

Bluebook (legal)

H.R. 4344, 116th Cong. (2026), https://openamerica.io/bill/116-HR-4344/.

Markdown link

[H.R. 4344: Investor Protection and Capital Markets Fairness Act](https://openamerica.io/bill/116-HR-4344/)