3.0.0 1463 2023-01-11T13:28:06Z 2023-01-11T13:28:06Z House HR 2015-03-19 114 [Congressional Record Volume 161, Number 47 (Thursday, March 19, 2015)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. LYNCH:H.R. 1463.Congress has the power to enact this legislation pursuantto the following:Article 1 section 8 Clause 18 of the United StatesConstitution.[Page H1804]]]> hsba00 Financial Services Committee House Standing Referred to 2015-03-19T13:02:20Z 2015-03-19 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2015-03-19 Introduced in House IntroReferral Intro-H 9 Library of Congress 2015-03-19 Introduced in House IntroReferral 1000 9 Library of Congress L000562 Rep. Lynch, Stephen F. [D-MA-8] Stephen Lynch D MA F. 8 N E000288 Rep. Ellison, Keith [D-MN-5] Keith Ellison D MN 5 2015-03-24 False Finance and Financial Sector Fraud offenses and financial crimes Government ethics and transparency, public corruption Securities Securities and Exchange Commission (SEC) Finance and Financial Sector 00 2015-03-19 Introduced in House 2015-04-01T19:19:07Z SEC Revolving Door Restriction Act of 2015

This bill amends the Securities Exchange Act of 1934 to subject to federal criminal penalties for bribery, graft, and conflicts of interest an ex-employee of the Securities and Exchange Commission (SEC) who, within one year after ending employment with the SEC, works for any company or individual against whom the SEC brought an enforcement action (or a related waiver) within the previous 18 months and the ex-employee participated in that action.

Any employee who seeks to work for such a company or individual must first receive an ethics opinion from the SEC on whether permission to do so should be granted.

Non-professional SEC staff are exempt from this employment prohibition.

]]> SEC Revolving Door Restriction Act of 2015 Display Title SEC Revolving Door Restriction Act of 2015 Official Title as Introduced To amend the Securities Exchange Act of 1934 to provide for a one-year employment restriction for ex-employees of the Securities and Exchange Commission seeking to work for companies against which the Commission brought enforcement actions that were participated on by such ex-employees, and for other purposes. Introduced in House IH Short Titles as Introduced SEC Revolving Door Restriction Act of 2015 Introduced in House 2015-03-19T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114hr1463ih/xml/BILLS-114hr1463ih.xml 2015-03-19 Referred to the House Committee on Financial Services. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.