BILL · 1991–92 SESSION

SB 5844: Security registration

Allowing registration action against supervisory persons and fines against registrants.

Summary

  • New language is created that prevents and penalizes for excessive or unfounded trading which is found not to be in the public's best interest and does nothing more than generate commissions or other financial compensations for the securities salespersons, investment advisor salespersons, or employees.

From the Senate Bill Report (SB 5844), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedFeb 25, 1991
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Ray Moore (D-36)
Introduced
February 25, 1991 in the Senate
Last action
January 13, 1992

Sponsors

Prime sponsor: Ray Moore (D-36)

Votes

No recorded floor votes. This measure never reached a floor vote.

History

The Legislature's online data doesn't include step-by-step history for sessions before 2001. Its final status is shown above, and the official bill page may have more.

SB 5844 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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