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H.R.5625 / 107th Congress

Stop Enablers of Fraud Act

Referred to the Subcommittee on Crime, Terrorism, and Homeland Security.

Official summary

Version 00 · Introduced in House · Oct 10, 2002

Stop Enablers of Fraud Act - Amends the following Acts to impose liability for recklessly or knowingly providing substantial assistance towards aiding and abetting violations: (1) the Securities Act of 1933; (2) the Securities Exchange Act of 1934; (3) the Investment Company Act of 1940; and (4) the Investment Advisers Act of 1940.Shields from liability an omission or failure to act unless such omission or failure constitutes a breach of a duty owed by the relevant party.

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Who introduced it

Rep. Markey, Edward J. [D-MA-7] · D–MA

Committees

  • Judiciary Committee
  • Financial Services Committee
0 cosponsorship records, including any withdrawals

    Actions

    A procedural vote is different from passage. Passage in one chamber does not establish enactment. Explore the glossary.

    1. Referred to the Subcommittee on Crime, Terrorism, and Homeland Security.

    2. Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises.

    3. Sponsor introductory remarks on measure. (CR E1831)

    4. Referred to the Committee on Financial Services, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

    5. Referred to the Committee on Financial Services, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

    6. Referred to the Committee on Financial Services, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

    7. Introduced in House

    8. Introduced in House

    Bill text & related measures

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    Related bills identified by Congress.gov

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    Source last updated: Aug 19, 2025. Consult Congress.gov for the current record.

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