A bill to require judicial review of Suspicious Activity Reports.

Summary

Prohibits the Secretary of the Treasury from requiring any financial institution or any other entity subject to regulation or oversight by the Secretary or pursuant to federal securities laws specified in the Securities Exchange Act of 1934 to report suspicious transactions relevant to a possible violation of law or regulation, unless the appropriate U.S. district court issues an order finding that a warrant could be issued under the search and seizure provisions of the Federal Rules of Criminal Procedure.

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Timeline

1. 25 May 2011

   Introduced

   Read twice and referred to the Committee on the Judiciary.

   Source: IntroReferral

2. 25 May 2011

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 25 May 2011 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 25 May 2011

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 25 May 2011

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 25 May 2011

  Open at official source

Sponsors

• Rand Paul · R · Sponsor
• · ssju00 · Standing

Related records

• related to → Fourth Amendment Restoration Act
• related to → Fourth Amendment Restoration Act