Senators Introduce Bi-Partisan Bill To Increase SEC Penalties

Yesterday, four U.S. Senators introduced a bi-partisan bill to increase civil penalties under the Federal securities laws. The name of the bill is the Stronger Enforcement of Civil Penalties Act, otherwise known as the “SEC Penalties Act”.  It was introduced by Senator Jack Reed (D-RI), Senator Chuck Grassley (R-IA), Senator Patrick Leahy (D-VT), and Senator [...]