,i  #aaf? ,,congress  #a/ ,session  ,h4 
,r4 #abei  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,febru>y #ad1         
#bjai,mr4 ,davidson ( ,ohio 7= himself1 
,mr4 ,hill ( ,arkansas1 ,mr4 ,banks1    
,mr4 ,kev9 ,h]n ( ,oklahoma1 ,mr4       
,norman1 ,mr4 ,la,malfa1 & ,mr4 ,posey7 
introduc$ ! foll[+ bill2 :i* 0 ref]r$ to
 ! ,committee on ,f9ancial ,s]vices  ,a 
,,bill  ,to au?orize private p>ties to  
compel ! ,securities & ,ex*ange         
,commission to seek sanctions by fil+   
civil actions1 & = o!r purposes4  #a4   
,%ort title ,?is ,act may be cit$ z !   
,due ,process ,re/oration ,act ( #bjai4 
#b4 ,private p>ties au?oriz$ to compel !
 ,securities & ,ex*ange ,commission to  
seek sanctions by fil+ civil actions    
,title ,i ( ! ,securities ,ex*ange ,act 
( #aicd 7#ae ,u4,s4,c4 #gh;a et seq47 is
 am5d$ by add+ at ! end ! foll[+3  #da4 
,private p>ties au?oriz$ to compel !    
,commission to seek sanctions by fil+   
civil actions  7a7 ,t]m9ation (         
adm9i/rative proce$+ ,9 ! case ( any    

p]son :o is a p>ty to a proce$+ br\ght  
by ! ,commission "u a securities law1 to
 :i* section #eed ( title #e1 ,unit$    
,/ates ,code1 applies1 & aga9/ :om an   
ord] impos+ a cease & desi/ ord] & a    
p5alty may be issu$ at ! conclusion ( ! 
proce$+1 t p]son may1 n lat] ?an #bj    
days aft] receiv+ notice ( su* proce$+1 
& at t p]son's discretion1 require !    
,commission to t]m9ate ! proce$+4  7b7  
,civil action au?oriz$ ,if a p]son      
requires ! ,commission to t]m9ate a     
proce$+ pursuant to subsection 7a71 !   
,commission may br+ a civil action aga9/
 t p]son = ! same rem$y t might be      
impos$4  7c7 ,v5ue ,an action br\ght by 
! ,commission "u subsection 7b7 may be  
br\ght only 9 accordance ) ! requirem5ts
 relat+ to v5ue "u section #acia ( title
 #bh1 ,unit$ ,/ates ,code4  4