SEC Act of 2025
The summary
What this bill does
Securities Enforcement Clarity Act of 2025 or the SEC Act of 2025
This bill specifies when separate occurrences of securities law violations must be considered as a single violation for purposes of calculating penalties. Specifically, separate occurrences must be counted as a single violation when the acts in question are the result of (1) a common or a substantially overlapping cause, (2) the same misstatement or omission, or (3) a continuing failure to comply.
The bill applies to various violations of securities law, including those involving the registration, offer, and sale of securities; and the conduct of brokers, dealers, and investment advisers.
Legislative timeline
From introduction
Jan 7, 2025
Introduced & referred to committee
Congressional support
Sponsors & Cosponsors
U.S. Representative - TX District 17 · R-TX
Roll-call vote
The vote, by member
The vote, by member
VERSION CHANGES
What changed,
and where.
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Bill Metadata
| Congress | 119 |
| Bill Type | HR |
| Bill Number | 216 |
| Origin Chamber | House |
| Current Status | Referred to the House Committee on Financial Services. |
| Policy Area | Finance and Financial Sector |
| Primary Committee | Not assigned |
| Introduced | January 7, 2025 |
| Latest Action | January 7, 2025 |
| Cosponsors | 0 · House vote — · 1 views |