About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline
LOG IN
LOG IN

7 Admin. L.J. Am. U. 151 (1993-1994)
The Securities Enforcement Remedies and Penny Stock Reform Act of 1990: By Keeping up with the Joneses, the SEC's Enforcement Arsenal Is Modernized

handle is hein.journals/adminlj7 and id is 159 raw text is: The Securities Enforcement Remedies and Penny Stock Reform Act of 1990: By Keeping Up With the Joneses, the SEC's Enforcement Arsenal is Modernized Table of Contents Introduction .................................. 152 I. The Securities Enforcement Remedies Act of 1990 in Historical Context ........................ 155 II. Summary of Changes in the SEC's Enforcement Program Under the Securities Enforcement Remedies Act of 1990 ............. ..... ... .. ... .. .. 160 A. Monetary Penalties ..................... 160 1. Monetary Penalties in Civil Actions ........ 160 2. Monetary Penalties in Administrative Proceedings ...................... 161 B. Disgorgement ......................... 163 C. Cease and Desist Orders .................... 163 1. Permanent Cease and Desist Orders ........ 163 2. Temporary Cease and Desist Orders ........ 164 D. Officer and Director Suspensions and Brs ........ 165 E. Effective Dates ........................ 166 III. The SEC's Authority to Seek and/or Impose M onetary Penalties ....................... 166 A. Introduction .......................... 166 B. The SEC's Tools of Enforcement Prior to the Commission's Ability to Seek and/or Impose Monetary Penalties ..................... 167 C. The Ability of Other Federal Regulatory Agencies to Impose Monetary Penalties ................ 172 D. A Comparison of Monetary Penalties Between the Insider Trading Sanctions Act of 1984 and the Securities Enforcement Remedies Act of 1990 .... 174 E. Monetary Penalties and Double Jeopardy: The Issue of United States v. Halper ................ 178 F. Response to Criticism Lodged Against the Monetary Penalty Provisions ...................... 183 G. Conclusion .......................... 189 IV. The SEC's Authority to Issue Cease and Desist Orders .... 190 A. Introduction .......................... 190

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Short-term subscription options include 24 hours, 48 hours, or 1 week to HeinOnline.

Purchase Access

Contact us for annual subscription options:

Contact Us

Already a HeinOnline Subscriber?

Log In

profiles profiles most