US Congress Senate Bill 1659 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 6-0)
Status: Introduced on September 10 2009 - 25% progression, died in chamber
Action: 2009-09-10 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Text: Latest bill text (Introduced) [PDF]

Senior Investor Protections Enhancement Act of 2009 - Amends the Securities Act of 1933, the Securities Exchange Act of 1934, the Investment Company Act of 1940, and the Investment Advisers Act of 1940 to authorize the Securities and Exchange Commission (SEC) to impose, in addition to any other civil penalty, a maximum civil penalty of $50,000 for each violation that is directed toward, targets, or is committed against a person who, at the time of the violation is age 62 or older. Directs the United States Sentencing Commission to review and amend federal sentencing guidelines and policy statements to ensure that guideline offense levels and enhancements appropriately punish criminal violations of the securities laws against seniors.

Senior Investor Protections Enhancement Act of 2009

Sen. Robert Casey [D-PA]	Sen. Al Franken [D-MN]	Sen. Kirsten Gillibrand [D-NY]	Sen. Herb Kohl [D-WI]
Sen. Jeanne Shaheen [D-NH]	Sen. Arlen Specter [D-PA]

Date	Chamber	Action
2009-09-10		Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
2009-09-10		Sponsor introductory remarks on measure. (CR S9268)

HB3550 (Same As) 2009-10-19 - Referred to the Subcommittee on Crime, Terrorism, and Homeland Security.

Type	Source
Summary	https://www.congress.gov/bill/111th-congress/senate-bill/1659/all-info
Text	https://www.congress.gov/111/bills/s1659/BILLS-111s1659is.pdf