Delaware Senate Bill 91 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Moderate Partisan Bill (Democrat 5-1)
Status: Passed on September 10 2013 - 100% progression
Action: 2013-09-10 - Signed by Governor
Text: Latest bill text (Draft #1) [HTML]

This Bill amends the Delaware Securities Act to clarify that the Act’s anti-fraud provision should be interpreted in accordance with how federal courts interpret similar anti-fraud provisions in federal securities laws. The Bill also changes the name of the Securities Division and the Securities Commissioner to the Investor Protection Unit and Investor Protection Director, respectively. The Bill provides greater flexibility with respect to the Director’s ability to delegate responsibilities to a hearing officer, and makes a number of additional technical changes to the Act.

An Act To Amend Title 6 Of The Delaware Code Relating To The Delaware Securities Act.

Sen. Bryan Townsend [D]	Rep. Rebecca Walker [D]	Sen. David Wilson [R]	Sen. Margaret Henry [D]
Sen. David Sokola [D]	Rep. Helene Keeley [D]

2013-06-30 - House - House Third Reading (Y: 40 N: 0 NV: 1 Abs: 0) [PASS]
2013-06-25 - Senate - Senate Third Reading (Y: 21 N: 0 NV: 0 Abs: 0) [PASS]

Date	Chamber	Action
2013-09-10	Senate	Signed by Governor
2013-06-30	House	Passed by House of Representatives. Votes: Passed 40 YES 0 NO 1 NOT VOTING 0 ABSENT 0 VACANT
2013-06-26	House	Reported Out of Committee (JUDICIARY) in House with 6 On Its Merits
2013-06-26	House	Introduced and Assigned to Judiciary Committee in House
2013-06-25	Senate	Passed by Senate. Votes: Passed 21 YES 0 NO 0 NOT VOTING 0 ABSENT 0 VACANT
2013-06-12	Senate	Reported Out of Committee (JUDICIARY) in Senate with 4 On Its Merits
2013-05-16	Senate	Assigned to Judiciary Committee in Senate

Type	Source
Summary	http://legis.delaware.gov/LIS/lis147.nsf/2bede841c6272c888025698400433a04/729184dfcd15b3e585257b660069c665?OpenDocument
Text	http://legis.delaware.gov/LIS/lis147.nsf/vwLegislation/SB+91/$file/legis.html?open
Roll Call	http://legis.delaware.gov/LIS/lis147.nsf/7712cf7cc0e9227a852568470077336f/4ac19008d57fb03e85257b95007d0e89?OpenDocument
Roll Call	http://legis.delaware.gov/LIS/lis147.nsf/7712cf7cc0e9227a852568470077336f/d01e0538441966c885257b9b001593c4?OpenDocument