,,ii  #aac? ,,congress  #b;d ,session   
,s4 #bhfh  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,septemb] #ah1         
#bjad,mr4 ,re$ 7= himself1 ,mr4 ,lev91  
,mr4 ,m>key1 ,mrs4 ,%ahe51 & ,ms4 ,w>r57
 introduc$ ! foll[+ bill2 :i* 0 read    
twice & ref]r$ to ! ,committee on       
,bank+1 ,h\s+1 & ,urban ,affairs  ,a    
,,bill  ,to e/abli% a /atute (          
limitations = c]ta9 actions ( !         
,securities & ,ex*ange ,commission1 & = 
o!r purposes4  #a4 ,/atute ( limitations
 = ,commission actions  7a7 ,9 g5]al    
,section #ba ( ! ,securities ,ex*ange   
,act ( #aicd 7#ae ,u4,s4,c4 #ghu7 is    
am5d$ by add+ at ! end ! foll[+3  7j7   
,/atute ( limitations  7#a7 ,civil      
monet>y p5alties  7,a7 ,9 g5]al ,an     
action or proce$+ br\ght or in/itut$ by 
! ,commission "u any provision ( !      
securities laws = a civil monet>y p5alty
 may be br\ght n lat] ?an #aj ye>s aft] 
! violation4  7,b7 ,exclusion ,! p]iod (
 limitations 9 subp>agraph 7,a7 does n  
run dur+ any "t :5 an alleg$ violator is

 abs5t f ! ,unit$ ,/ates or has no      
reasonably asc]ta9able place ( abode or 
"w )9 ! ,unit$ ,/ates4  7#b7 ,def9ition 
,= purposes ( ?is subsection1 ! t]m     
civil monet>y p5alty means relief s\ght 
by ! ,commission "u-- 7,a7 section      
#bj7;d7 ( ! ,securities ,act ( #aicc    
7#ae ,u4,s4,c4 #ggt7d772  7,b7 section  
#ba7;d77#c71 #ba;,a7a71 subsections 7a7 
?r\gh 7d7 ( section #ba;,b1 section     
#cb7;b71 #cb7;c77#a77;,b71 or           
#cb7;c77#b77;,b7 ( ?is title 7#ae       
,u4,s4,c4 #ghu7d77#c71 #ae ,u4,s4,c4    
#ghu-#a7;a71 #ae ,u4,s4,c4              
#ghu-#b7;a7-7d71 #ae ,u4,s4,c4          
#gh;ff7b71 #ae ,u4,s4,c4                
#gh;ff7c77#a77;,b71 #ae ,u4,s4,c4       
#gh;ff7c77#b77;,b772  7,c7 section      
#i7;d7 or #db7;e7 ( ! ,inve/m5t ,company
 ,act ( #aidj 7#ae ,u4,s4,c4            
#hj;a-#i7;d71 #ae ,u4,s4,c4             
#hj;a-#da7;e772 or  7,d7 section        
#bjc7;i7 or #bji7;e7 ( ! ,inve/m5t      
,advis]s ,act ( #aidj 7#ae ,u4,s4,c4    
#hj;b-#c7;i71 #ae ,u4,s4,c4             

#hj;b-#i7;e774  4  7b7 ,con=m+ am5dm5t  
,section #ba;,a7d7 ( ! ,securities ,act 
( #aicd 7#ae ,u4,s4,c4 #ghu-#a7;d77 is  
am5d$ by /rik+ p>agraph 7#e74