House vote: H.R. 4344 // November 18, 2019Needed two-thirds to pass
Investor Protection and Capital Markets Fairness Act
Sponsor: Ben McAdams (D-UT)
This bill provides statutory authority for the Securities and Exchange Commission (SEC) to seek disgorgement (i.e., repayment) as a remedy for unjust enrichment gained through a securities law violation. It also allows the SEC to seek certain injunctive relief.
Finance and Financial Sector Topic assigned by the Congressional Research Service.
Who won, and how much of the country was behind them
The dotted gap is 6.1% of U.S. adults whose member did not vote, voted “present,” or whose seat was vacant.
| Side | Outcome | Votes | Share of U.S. adults |
|---|---|---|---|
| Yea | Won | 314 | 72.0% |
| Nay | Lost | 95 | 21.9% |
| Not represented on this question | No position taken | 0 | 6.1% |