S. 1551 · 111th Congress
Liability for Aiding and Abetting Securities Violations Act of 2009
- Stage
- In committee
- Sponsor
- Arlen Specter
- Introduced
- 2009-07-30
- Latest action
- 2009-09-17 · Committee on the Judiciary Senate Subcommittee on Crime and Drugs. Hearings held. With printed Hearing: S.Hrg. 111-369.
Summary
Liability for Aiding and Abetting Securities Violations Act of 2009 - 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.