Bill Introduced in Senate to Increase Penalties under the Federal Securities Laws

April 18, 2017

A bill was introduced in the U.S. Senate on March 30, 2017, to increase the statutory maximum for penalties that can be imposed pursuant to the Securities Act of 1933, the Securities Exchange Act of 1934, the Investment Company Act of 1940 and the Investment Advisers Act of 1940. In addition, the bill would increase penalties that may be imposed upon recidivists and would broaden certain provisions to penalize violations of Federal injunctions and bars obtained or entered by the SEC.

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