Securities Investor Protection Review Act of 1987

Summary

Securities Investor Protection Review Act of 1987 - Directs the Securities and Exchange Commission to appoint a panel of experts to study the adequacy of Federal securities laws, rules, and regulations for protecting the public interest and the interests of investors. Requires that such study include an analysis of: (1) the extent of insider trading; (2) the adequacy of surveillance methods of brokers, dealers, and self-regulatory organizations; (3) the extent of, and obstacles to, effective coordination among the securities industry and Federal and State regulators in policing the securities markets; and (4) the need for additional resources or civil or criminal remedies to combat fraud and improve enforcement. Authorizes the Comptroller General and the Director of the Office of Technology Assessment to assist the panel. Requires the Commission to report the results of such study and any legislative recommendations to the Congress within 12 months. Directs the panel to keep specified congressional committees fully informed on its progress. Authorizes appropriations.

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1 official file

• Introduced in House

  summary · EN · 5 March 1987

  Open at official source

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