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Garrett Summary of HR 757 Equitable Treatment of Investors Act

Garrett Summary of HR 757 Equitable Treatment of Investors Act

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PURPOSE AND POLICY RELATED TO H.R.757 AND PLANNED AMENDMENTS FOR THE IMPROVEMENT OF THE SECURITIES INVESTOR PROTECTION ACT OF 1970
PURPOSE AND POLICY RELATED TO H.R.757 AND PLANNED AMENDMENTS FOR THE IMPROVEMENT OF THE SECURITIES INVESTOR PROTECTION ACT OF 1970

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Published by: Investor Protection on Jul 25, 2012
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~emwbk og kgfdgk ^DYA—~ cwaraf{ggk yrm{gn{dmf wy {m +799"999" {ermwce ^DYN ―akpafng‘ yathgf{~& [m rg`w~g {ea{ yrm{gn{dmf d~ {m hajg a hmnjgrt m` {eg ^DYA—~ ~{a{w{mrt nmhhd{hgf{~&Emsgpgr" {eg `an{~ afk ndrnwh~{afng~ m` a yar{dnwbar na~g hat pabdka{g {eg ayybdna{dmf m` afgqwd{aobg arrafcghgf{" sd{e kd``grgf{dab {rga{hgf{ ahmfc nw~{mhgr~" `mr {eg kd~{rdow{dmf m` ‒nw~{mhgr yrmygr{t"‘ {em~g a~~g{~ m` {eg kgo{mr ogbmfcdfc {m fm dfkdpdkwab nw~{mhgr& Sd{erg~ygn{ {m ‒nw~{mhgr yrmygr{t"‘ {eg ^DYA ~{a{w{g yrmpdkg~ {ea{ kd~{rdow{dmf ahmfc nw~{mhgr~ ~eabb og ‒ra{aobg‘ oa~gk mf rgba{dpg ‒fg{ gqwd{t‘ pabwg~& Ognaw~g ‒ra{aobg‘ ea~ oggf nmf~d~{gf{btdf{gryrg{gk ot {eg nmwr{~ {m hgaf yrm ra{a" ^DYN df~d~{~ d{ kgyrdpg~ {egh m` {eg bgcab aw{emrd{t {m`mrhwba{g a kd~{rdow{dmf arrafcghgf{ sedne" `mr gqwd{aobg rga~mf~" {ajg~ annmwf{ m` kd``grdfcnw~{mhgr ndrnwh~{afng~&[eg ahgfkhgf{~ yrmym~gk {m og m``grgk {m E&_&373 nmfngkg {ed~ kg`dndgfnt df {eg 1439 An{" afk yrmpdkg {ea{ {eg [rw~{gg ea~ {eg guyrg~~ kd~nrg{dmf {m `mrhwba{g a kd~{rdow{dmf ybaf `mr ‒nw~{mhgr  yrmygr{t‘ sedne d~ ‒`adr afk rga~mfaobg:‘ afk sedne d~ fm{ omwfk ot {eg ‒fg{ gqwd{t‘ pabwg~&^wne ybaf hw~{ eapg {eg `wbb nmf~wb{a{dmf m` {eg ^GN afk og ayyrmpgk ot {eg Nmwr{" a`{gr fm{dngafk egardfc `rmh df{grg~{gk yar{dg~&Eak {eg ^DYN afk {eg ^GN yrg~gf{gk {ed~ ~{a{w{mrt kg`gn{ {m {eg Nmfcrg~~ df garbt ?994" {eg~{a{w{g nmwbk eapg oggf yrmhy{bt ahgfkgk: abb cmmk `ad{e Hakm`` nw~{mhgr~ nmwbk eapg oggf yrmpdkgk {eg ^DYN ―akpafng~"— rdce{`wbbt {egdr~: {gf~ m` hdbbdmf~ m` bgcab nm~{~ nmwbk eapg oggfapmdkgk: afk" ot fms" nw~{mhgr yrmygr{t nmwbk eapg oggf kd~{rdow{gk mf af gqwd{aobg oa~d~ afk{eg bdqwdka{dmf barcgbt nmhybg{gk&[eg ‒fg{ dfpg~{hgf{‘ ayyrmane df Ymf|d `rawk~ d~ a nrga{dmf m` {rakd{dmfab nmhhgrndab oafjrwy{nt yran{dng afk gqwd{t rgngdpgr~edy yran{dng df sedne {eg ~mbg rg~mwrng `mr rgnmpgrt arg{eg a~~g{~ a~~ghobgk `rmh {eg kgo{mr—~ g~{a{g& Ow{ ^DYA bdqwdka{dmf~ arg kd``grgf{ %afk hgaf{ {m og$ ognaw~g m` {eg akkgk rg~mwrng m` {eg ^DYN @wfk" sedne d~ {eg `mwfka{dmfab owbsarj m` ^DYA~cwaraf{gg m` nw~{mhgr yrm{gn{dmf&Akkd{dmfab ^wyymr{dfc @an{~ afk Mo~grpa{dmf~Kg~yd{g ^DYN—~ m`{(rgyga{gk nmf{gf{dmf {ea{ Nmfcrg~~ fgpgr df{gfkgk {ea{ ^DYN yrm{gn{ nw~{mhgr~df a o-k oafjrwy{nt dfpmbpdfc a Ymf|d `rawk" {egrg d~ fm{edfc df {eg ^DYA ~{a{w{g {m ~wyymr{ {ea{pdgs& Nmhhmf~gf~g kdn{a{g~ a nmf{rart nmfnbw~dmf: afk ^DYN yran{dng" df `mr{t tgar~ m` ed~{mrt"ea~ dfnbwkgk bdqwdka{dmf~ m` ~gpgf Ymf|d oafjrwy{ndg~ yrdmr {m Hakm``& Df `an{" df {eg yrgpdmw~bthm~{ yrmhdfgf{ Ymf|d na~g" Fgs [dhg~ ^gnwrd{dg~" mfg na{gcmrt m` nw~{mhgr~ sd{e `an{wabguygrdgfng~ fgarbt dkgf{dnab {m {eg Hakm`` nw~{mhgr~" {eg ^DYN afk {eg ^GN nmfnbwkgk {ea{^DYN yrm{gn{dmf ~emwbk og yrmpdkgk sd{e ‒fg{ gqwd{t"‘ ogdfc kg{grhdfgk w~dfc nw~{mhgr `dfabannmwf{ ~{a{ghgf{~ a{ nbm~dfc& ^m" ^DYN yran{dng kmg~f—{ nmhymr{ sd{e ^DYN reg{mrdn&Ayybdna{dmf m` {eg ‒fg{ dfpg~{hgf{‘ hg{emkmbmct df {eg Hakm`` na~g ea~ kgyrdpgk mpgr eab` m` {eg nw~{mhgr annmwf{~ %?"799 m` ;"499$ aft yrm{gn{dmf sea{~mgpgr afk `mr afm{egr 579 annmwf{~
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