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United States · Bill · HR

H.R. 6831 (96th)

A bill to amend the Securities Investor Protection Act to increase the amount of protection available under such Act to customers of brokers and dealers.

referredUnited States· United States Congress· EN

Introduced

17 March 1980

Last action

17 March 1980 · Introduced

Status

Referred to House Committee on Interstate and Foreign Commerce.

Sponsors

Rep. Staggers, Harley O. [D-WV-2], Rep. Scheuer, James H. [D-NY-8], Rep. Broyhill, James T. [R-NC-10], Rep. Rinaldo, Matthew J. [R-NJ-7]

Subjects

Discovery layer

Source updated

5 February 2024

Official sourceView documentsShare

Summary

Amends the Securities Investor Protection Act to increase from $100,000 to $500,000 the maximum amount which the Securities Investor Protection Corporation may distribute to a customer in the liquidation of a broker-dealer. Permits up to $100,000 of such amount (presently, $40,000) to be used to satisfy a claim for cash.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 17 March 1980

    Introduced

    Introduced in House

    Source: IntroReferral

  2. 17 March 1980

    Introduced

    Referred to House Committee on Interstate and Foreign Commerce.

    Source: IntroReferral

  3. 17 March 1980

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

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Versions

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Documents

1 official file

Leesvertaling

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Sponsors

Related records

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Sources

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