HR 216 · 119th CongressIn Committeecongress.gov ↗
What this bill does
AI plain-language summaryThis bill changes how the Securities and Exchange Commission counts violations when calculating penalties. Under the bill, separate violations would be treated as a single violation if they come from the same cause, the same false statement or missing information, or an ongoing failure to follow the rules. This applies to violations related to registering and selling securities, as well as the behavior of brokers, dealers, and investment advisers.
Introduced
January 7, 2025
Policy Area
Finance and Financial Sector
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