House Bill 3701
116th Congress(2019-2020)
Strengthening Fraud Protection Provisions for SEC Enforcement Act of 2019
Introduced
Introduced in House on Jul 11, 2019
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
3701
Congress
116
Policy Area
Finance and Financial Sector
Finance and Financial Sector
Primary focus of measure is U.S. banking and financial institutions regulation; consumer credit; bankruptcy and debt collection; financial services and investments; insurance; securities; real estate transactions; currency. Measures concerning financial crimes may fall under Crime and Law Enforcement. Measures concerning business and corporate finance may fall under Commerce policy area. Measures concerning international banking may fall under Foreign Trade and International Finance policy area.
No House votes have been held for this bill.
Summary
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.
02/21/2020
Placed on the Union Calendar, Calendar No. 321.
02/21/2020
Reported (Amended) by the Committee on Financial Services. H. Rept. 116-399.
07/16/2019
Ordered to be Reported (Amended) by the Yeas and Nays: 33 - 25.
07/16/2019
Committee Consideration and Mark-up Session Held.
07/11/2019
Referred to the House Committee on Financial Services.
07/11/2019
Introduced in House
Public Record
Record Updated
Nov 1, 2022 1:50:41 PM