Politiparty
Politiparty

119th Congress Finance and Financial Sector

H.R. 216: SEC Act of 2025

Introduced

  1. Introduced (completed)Jan 7, 2025
  2. Passed House (not reached)
  3. Passed Senate (not reached)
  4. To the President (not reached)
  5. Became law (not reached)

Summary

Introduced in House, Jan 7, 2025

This bill specifies when separate occurrences of securities law violations must be considered as a single violation for purposes of calculating penalties. Specifically, separate occurrences must be counted as a single violation when the acts in question are the result of (1) a common or a substantially overlapping cause, (2) the same misstatement or omission, or (3) a continuing failure to comply.

The bill applies to various violations of securities law, including those involving the registration, offer, and sale of securities; and the conduct of brokers, dealers, and investment advisers.

Written by the Congressional Research Service, Library of Congress.

Roll calls

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Amendments

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Other bills by Pete Sessions

History

  1. Jan 7, 2025Introduced in the House by Pete Sessions.
Show the full action history (2 actions)
  1. Jan 7, 2025Introduced in House
  2. Jan 7, 2025Referred to the House Committee on Financial Services.