,i  #aafth ,,congress  #ast ,session    
,h4 ,r4 #dcdd  ,,in ,,the ,,house ,,of  
,,representatives  ,september #ag1      
#bjai,mr4 ,mc,adams 7for himself and    
,mr4 ,huizenga7 introduced the following
 bill2 which was referred to the        
,committee on ,financial ,services  ,a  
,,bill  ,to amend the ,securities       
,exchange ,act of #aicd to allow the    
,securities and ,exchange ,commission to
 seek and ,federal courts to grant      
disgorgement of unjust enrichment1 and  
for other purposes4  #a4 ,additional    
relief ,section #ba7;d7 of the          
,securities ,exchange ,act of #aicd 7#ae
 ,u4,s4,c4 #ghu7d77 is amended by adding
 at the end the following3  7#g7        
,additional relief  7,a7 ,in general ,in
 any action or proceeding brought or    
instituted by the ,commission under any 
provision of the securities laws1 the   
,commission may seek1 and any ,federal  
court may grant the following additional
 relief3  7i7 ,disgorgement in the      
amount of any unjust enrichment obtained

 as a result of act or practice with    
respect to which the ,commission is     
bringing such an action or proceeding4  
7ii7 ,injunctions1 including officer and
 director bars4  7,b7 ,rule of          
construction ,additional relief sought  
under this paragraph may not be         
construed to be a civil fine1 penalty1  
or forfeiture subject to chapter #afc of
 part ,,vi of title #bh1 ,united ,states
 ,code4  4