Securities Law Enforcement Remedies Act

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

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."
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
Full browser ?