H.R. 5133 · 100th Congress · enacted
Insider Trading and Securities Fraud Enforcement Act of 1988
Became Public Law No: 100-704.
Latest official action 1988-11-19 · Enacted
The bill, briefly
Insider Trading and Securities Fraud Enforcement Act of 1988 - Amends the Securities Exchange Act of 1934 to revise the authority of the Securities and Exchange Commission (SEC) to seek civil penalties against persons who participate in illegal insider trading. Authorizes the SEC to seek to impose civil penalties upon any person who, at the time of the violation, directly or indirectly controlled the person who committed the illegal insider trading. Limits the civil liability of a controlled person to the greater of $1,000,000 or three times the amount of the profit gained or loss avoided as a result of the controlled person's violation. Specifies that a controlling person shall not be subject to civil penalties unless the SEC establishes that: (1) such controlling person knew or recklessly disregarded the fact that the controlled person was likely to engage in prohibited acts and failed to take appropriate steps to prevent such prohibited acts; or (2) such controlling person knowingly or recklessly failed to establish or enforce any policy or procedure required under provisions of the Securities Exchange Act and of the Investment Advisers Act of 1940. Sets forth procedures for the collection of any such civil penalty imposed. Specifies a statute of limitations of five years for any such action brought by the SEC. Authorizes the SEC to award a bounty of up to ten percent of an…
Congressional Research Service · 1988-08-02
Who reported lobbying on this bill?
Amount spent specifically on this bill: not disclosed
The reports below name this bill and disclose an organization’s overall lobbying expenses or a firm’s client income for the period. They can cover many bills and issues. These amounts are not payments to the bill or its politicians.
2,409 latest lobbying reports imported. Some source imports are still in progress.
Politicians behind the bill
Sponsors and cosponsors from the official source, limited to members currently in office. Campaign amounts are cycle-wide and are not payments for this bill.
7 of 7 source cosponsor records retrieved; only current officials and unwithdrawn sponsorships appear.
PAC donors to the listed sponsors
These are all-cycle contributions to the listed sponsors’ and cosponsors’ campaigns. FEC does not attribute them to this bill. A donation plus sponsorship does not establish why a politician acted.
A NEW DIRECTION PAC$10,000
Edward J. Markey · Sponsor · $10,000
Official PAC recordADVANCING DEMOCRACY AND MOBILIZATION PAC$10,000
Edward J. Markey · Sponsor · $10,000
Official PAC recordAIR LINE PILOTS ASSOCIATION PAC$10,000
Edward J. Markey · Sponsor · $10,000
Official PAC recordAMERICAN ASSOCIATION FOR JUSTICE POLITICAL ACTION COMMITTEE (AAJ PAC)$10,000
Edward J. Markey · Sponsor · $10,000
Official PAC recordAMERICAN FEDERATION OF TEACHERS, AFL-CIO COMMITTEE ON POLITICAL EDUCATION$10,000
Edward J. Markey · Sponsor · $10,000
Official PAC recordBLUE WAVE PROJECT$10,000
Edward J. Markey · Sponsor · $10,000
Official PAC recordCOMMON GROUND PAC$10,000
Edward J. Markey · Sponsor · $10,000
Official PAC recordCOMMUNICATIONS WORKERS OF AMERICA - COPE POLITICAL CONTRIBUTIONS COMMITTEE$10,000
Edward J. Markey · Sponsor · $10,000
Official PAC recordFORWARD TOGETHER PAC$10,000
Edward J. Markey · Sponsor · $10,000
Official PAC recordGIDDY UP PAC$10,000
Edward J. Markey · Sponsor · $10,000
Official PAC recordGRANITE VALUES PAC$10,000
Edward J. Markey · Sponsor · $10,000
Official PAC recordHAWAII PAC$10,000
Edward J. Markey · Sponsor · $10,000
Official PAC recordHEALTH JOBS JUSTICE$10,000
Edward J. Markey · Sponsor · $10,000
Official PAC recordHOOPS PAC$10,000
Edward J. Markey · Sponsor · $10,000
Official PAC recordI GOT YOUR BACK PAC$10,000
Edward J. Markey · Sponsor · $10,000
Official PAC recordIN OUR HANDS$10,000
Edward J. Markey · Sponsor · $10,000
Official PAC recordINTERNATIONAL ASSOCIATION OF FIREFIGHTERS INTERESTED IN REGISTRATION AND EDUCATION PAC$10,000
Edward J. Markey · Sponsor · $10,000
Official PAC recordLOBO PAC$10,000
Edward J. Markey · Sponsor · $10,000
Official PAC recordNARRAGANSETT BAY PAC$10,000
Edward J. Markey · Sponsor · $10,000
Official PAC recordNCTA - THE INTERNET & TELEVISION ASSOCIATION POLITICAL ACTION COMMITTEE (NCTAPAC)$10,000
Edward J. Markey · Sponsor · $10,000
Official PAC recordNIXON PEABODY LLP PAC$10,000
Edward J. Markey · Sponsor · $10,000
Official PAC recordNUTMEG PAC$10,000
Edward J. Markey · Sponsor · $10,000
Official PAC recordOCEANS PAC$10,000
Edward J. Markey · Sponsor · $10,000
Official PAC recordOFF THE SIDELINES PAC$10,000
Edward J. Markey · Sponsor · $10,000
Official PAC recordPEOPLE'S VOICE PAC$10,000
Edward J. Markey · Sponsor · $10,000
Official PAC recordPERIMETER PAC$10,000
Edward J. Markey · Sponsor · $10,000
Official PAC recordPINEAPPLE PAC$10,000
Edward J. Markey · Sponsor · $10,000
Official PAC recordPURPOSE PAC$10,000
Edward J. Markey · Sponsor · $10,000
Official PAC recordREV UP PAC$10,000
Edward J. Markey · Sponsor · $10,000
Official PAC recordTURQUOISE PAC$10,000
Edward J. Markey · Sponsor · $10,000
Official PAC recordVICTORY NOW PAC$10,000
Edward J. Markey · Sponsor · $10,000
Official PAC recordINTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS POLITICAL ACTION COMMITTEE$9,000
Edward J. Markey · Sponsor · $9,000
Official PAC recordALSOPAC$7,500
Edward J. Markey · Sponsor · $7,500
Official PAC recordAMALGAMATED TRANSIT UNION - COPE$7,500
Edward J. Markey · Sponsor · $7,500
Official PAC recordDEFEND THE DREAM$7,500
Edward J. Markey · Sponsor · $7,500
Official PAC recordNATIONAL RURAL LETTER CARRIERS' ASSOCIATION POLITICAL ACTION COMMITTEE$7,500
Edward J. Markey · Sponsor · $7,500
Official PAC recordOFFICE OF THE COMMISSIONER OF MAJOR LEAGUE BASEBALL POLITICAL ACTION COMMITTEE$7,500
Edward J. Markey · Sponsor · $7,500
Official PAC recordTRANSPORT WORKERS UNION OF AMERICA POLITICAL CONTRIBUTIONS COMMITTEE$7,500
Edward J. Markey · Sponsor · $7,500
Official PAC recordNATIONAL ACTIVE AND RETIRED FEDERAL EMPLOYEES ASSOCIATION POLITICAL ACTION COM (NARFE-PAC)$7,000
Edward J. Markey · Sponsor · $7,000
Official PAC recordAMERICAN PHYSICAL THERAPY ASSOCIATION PHYSICAL THERAPY POLITICAL ACTION COMMITTEE (PT-PAC)$6,000
Edward J. Markey · Sponsor · $6,000
Official PAC recordThe largest 40 donor totals appear here. Open each politician for their complete, paginated PAC donor list.
What happened after enactment?
Dated agency-reported implementation and uptake measures are shown with their scope. They do not by themselves establish causal success. If no evidence is listed, the outcome is not established.