We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Securities Act Of 2008 Will Expand SEC’s Authority

Law360 (October 2, 2008, 12:00 AM EDT) -- On Sep. 11, 2008, the U.S. House of Representatives passed the most significant piece of legislation involving the federal securities laws since the Sarbanes-Oxley Act of 2002.

The bill, known as the Securities Act of 2008, proposes to amend the federal securities laws and expand the SEC’s power in enforcement actions.

The current legislation, sponsored by Rep. Paul Kanjorski, D-Pa., is next headed for a vote in the U.S. Senate.

The Act would amend various provisions of the Securities Act of 1933, the Securities Exchange Act...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.