Summary: S.2323 — 95th Congress (1977-1978)All Information (Except Text)

There is one summary for S.2323. Bill summaries are authored by CRS.

Shown Here:
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.