SECURITIES INVESTOR PROTECTION ACT
Bills and resolutions
MF Global Holdings, Ltd.: prevent bonuses from being paid to employees responsible for day-to-day operations resulting in bankruptcy filing until customers’ aggregated account funds are repaid in full (see S. Res. 407), S2085 [27MR]
Securities: determine a customer’s net equity based on the customer’s last statement, prohibit certain recoveries, and change how trustees are appointed (see H.R. 6695), H7424 [20DE]
——— provide one-time payments from the SIPC Fund for customers during a pending lawsuit by the SEC against the Securities Investor Protection Corp. (see H.R. 4002), H692 [9FE]
Remarks in Senate
MF Global Holdings, Ltd.: prevent bonuses from being paid to employees responsible for day-to-day operations resulting in bankruptcy filing until customers’ aggregated account funds are repaid in full (S. Res. 407), S2113 [27MR]
Texts of
S. Res. 407, prevent bonuses from being paid to MF Global Holdings, Ltd., employees responsible for day-to-day operations resulting in bankruptcy filing until customers’ aggregated account funds are repaid in full, S2092, S2113 [27MR]