S.2323 - Securities Protection Act95th Congress (1977-1978)
|Sponsor:||Sen. Percy, Charles H. [R-IL] (Introduced 11/22/1977)|
|Committees:||Senate - Judiciary|
|Latest Action:||Senate - 11/22/1977 Referred to Senate Committee on the Judiciary. (All Actions)|
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Summary: S.2323 — 95th Congress (1977-1978)All Information (Except Text)
Introduced in Senate (11/22/1977)
Securities Protection Act - Makes it a Federal crime: (1) to forge, alter, or counterfeit a marketable security with intent to defraud, (2) to possess or engage in commerce in a forged, altered, or counterfeit security with intent to defraud, or (3) to possess or engage in commerce in any tool to forge, alter, or counterfeit any marketable security.
Authorizes treble damage civil suits with respect to such violations.
Makes it a Federal crime to steal or possess a stolen marketable security or to use a stolen, forged, or altered security at a financial institution.