|
|
The Text of the Dodd-Frank Act
International Association of
Risk and Compliance Professionals (IARCP)
Dodd Frank Act Section 929Z
SEC. 929Z. GAO STUDY ON SECURITIES
LITIGATION.
(a) STUDY.—The Comptroller General of
the United States shall conduct a study on the impact of
authorizing a private right of action against any person who aids
or abets another person in violation of the securities laws. To
the extent feasible, this study shall include—
(1) a review
of the role of secondary actors in companies issuance of
securities;
(2) the courts interpretation of the scope of
liability for secondary actors under Federal securities laws after
January 14, 2008; and
(3) the types of lawsuits decided
under the Private Securities Litigation Act of 1995.
(b)
REPORT.—Not later than 1 year after
the date of enactment of this Act, the Comptroller General shall
submit a report to Congress on the findings of the study required
under subsection (a).
Return to Index
Return to the Table of Contents
Visit the
international Association of Risk and Compliance Professionals
(IARCP)
|
|
|
