legislation: 97-hr-7352

Congressional bills and resolutions from Congress.gov, filtered to policy areas relevant to environmental, health, agriculture, and wildlife regulation.

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
97-hr-7352 97 hr 7352 Insider Trading Sanctions Act of 1982 Finance and Financial Sector 1982-12-02 1982-12-06 Referred to Subcommittee on Telecommunications, Consumer Protection and Finance. House Rep. Rosenthal, Benjamin S. [D-NY-8] NY D R000442 0 The Insider Trading Sanctions Act of 1982 - Amends the Securities Exchange Act of 1934 to permit the Securities and Exchange Commission, whenever it appears that any person has traded in securities while in possession of material nonpublic information, to seek an order in a district court action requiring the violator, or anyone who aided and abetted the violation, to pay a civil penalty of up to three times the profit gained or loss avoided as a result of the unlawful transaction. Permits the Commission if such person fails to pay such penalty, to refer the matter to the Attorney General who may recover such penalty by action in the appropriate United States District Court. Increases from $10,000 to $100,000 the maximum criminal fine that may be imposed on persons, other than exchanges, who willfully violate the Securities Exchange Act of 1934. 2025-08-29T19:50:11Z  

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