HB 619 -- Criminal Securities Fraud

Sponsor:  Hoskins (121)

This bill changes the laws regarding the Missouri Securities Act
of 2003 and criminal securities fraud relating to the elderly and
disabled.  In its main provisions, the bill:

(1)  Adds the minimum penalty of a fine of not less than $50,000
for persons convicted of criminal securities fraud against a
person 60 years of age or older or a disabled person; and

(2)  Allows the Commissioner of Securities within the Office of
the Secretary of State to impose additional civil penalties up to
$5,000 for each violation and to order restitution.

Missouri House of Representatives
95th General Assembly, 1st Regular Session
Last Updated November 17, 2009 at 9:25 am