,i #aafth ,,congress #ast ,session ,h4 ,r4 #abei ,,in ,,the ,,house ,,of ,,representatives ,february #ad1 #bjai,mr4 ,davidson of ,ohio 7for himself1 ,mr4 ,hill of ,arkansas1 ,mr4 ,banks1 ,mr4 ,kevin ,hern of ,oklahoma1 ,mr4 ,norman1 ,mr4 ,la,malfa1 and ,mr4 ,posey7 introduced the following bill2 which was referred to the ,committee on ,financial ,services ,a ,,bill ,to authorize private parties to compel the ,securities and ,exchange ,commission to seek sanctions by filing civil actions1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,due ,process ,restoration ,act of #bjai4 #b4 ,private parties authorized to compel the ,securities and ,exchange ,commission to seek sanctions by filing civil actions ,title ,i of the ,securities ,exchange ,act of #aicd 7#ae ,u4,s4,c4 #gh;a et seq47 is amended by adding at the end the following3 #da4 ,private parties authorized to compel the ,commission to seek sanctions by filing civil actions 7a7 ,termination of administrative proceeding ,in the case of any person who is a party to a proceeding brought by the ,commission under a securities law1 to which section #eed of title #e1 ,united ,states ,code1 applies1 and against whom an order imposing a cease and desist order and a penalty may be issued at the conclusion of the proceeding1 that person may1 not later than #bj days after receiving notice of such proceeding1 and at that person's discretion1 require the ,commission to terminate the proceeding4 7b7 ,civil action authorized ,if a person requires the ,commission to terminate a proceeding pursuant to subsection 7a71 the ,commission may bring a civil action against that person for the same remedy that might be imposed4 7c7 ,venue ,an action brought by the ,commission under subsection 7b7 may be brought only in accordance with the requirements relating to venue under section #acia of title #bh1 ,united ,states ,code4 4