Stronger Enforcement of Civil Penalties Act of 2025

This bill raises the maximum civil fines that can be imposed for violating federal securities laws, including laws covering stock offerings, securities trading, investment companies, and investment advisers. For the most serious violations involving fraud or manipulation, the maximum fine per violation would be the greatest of $1 million for an individual or $10 million for a company, three times the violator's gain, or the amount victims lost. The maximum fine would triple for people who were convicted of securities fraud or faced a fraud-related Securities and Exchange Commission action in the prior five years. The bill also lets courts impose fines for violating court injunctions or Commission bars, and counts each day of continued noncompliance as a separate offense.

Full text and official record on Congress.gov

Sponsors

• Jack Reed Democrat sponsor
• 1 cosponsors