HR 216

SEC Act of 2025

Summary

Securities Enforcement Clarity Act of 2025 or the SEC Act of 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.

Bill status

Status
In committee
Sponsor
Rep. Pete Sessions [R-TX-17]
Cosponsors
0
Policy area
Finance and Financial Sector
Introduced
2025-01-07
Latest action
2025-01-07: Referred to the House Committee on Financial Services.

Committee referrals

Recent actions

  • 2025-01-07: Referred to the House Committee on Financial Services.
  • 2025-01-07: Introduced in House
  • 2025-01-07: Introduced in House