HB 1617 (Truly Agreed) Makes it unlawful to obstruct a securities investigation
Current Bill Summary
- Prepared by Senate Research -

CCS/HCS/HB 1617 - This act makes it unlawful for a person to interfere or obstruct a securities investigation. A person who willfully obstructs such an investigation shall be fined not more than $500,000 or imprisoned for not more than 10 years, or both. A prosecuting attorney or the attorney general, upon request of the governor, may institute criminal proceedings. The Commissioner of Securities is given authority to investigate allegations of obstruction, to seek civil enforcement of any violation, to seek administrative enforcement of any violation and to promulgate rules to carry out the provisions of this act.

This act is similar to SB 1237 (2004).
JIM ERTLE

Go to Main Bill Page | Return to Summary List | Return to Senate Home Page