H.R. 3701 · 116th Congress
Strengthening Fraud Protection Provisions for SEC Enforcement Act of 2019
- Stage
- Reported from committee
- Sponsor
- Vicente Gonzalez
- Introduced
- 2019-07-11
- Latest action
- 2020-02-21 · Reported (Amended) by the Committee on Financial Services. H. Rept. 116-399.
Summary
Strengthening Fraud Protection Provisions for SEC Enforcement Act of 2019
This bill establishes a 10-year statute of limitations for an action or proceeding by the Securities and Exchange Commission for a civil monetary penalty.
The statute of limitations is tolled any time an alleged violator is either absent from the United States or has no reasonably ascertainable place of abode or work within the United States.