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Securities Law Enforcement Remedies Act

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Securities Law Enforcement Remedies Act
Federal legislation enacted in 1990 that provides the SEC with additional enforcement powers, especially over corporate officers and directors who demonstrate "substantial unfitness."
Securities Law Enforcement Remedies Act
Legislation in the United States, enacted in 1990, that established additional civil penalties for officers and board members in publicly-traded companies deemed to be "unfit." The SEC was granted increased enforcement powers in order to carry out the provisions of the Act.


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