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S. 538

A bill to improve judicial machinery by amending subsection (g) of section 1407 chapter 87, of title 28 of the United States Code, to exempt actions brought by the Securities and Exchange Commission under the Federal securities laws from the operation of that section, and for other purposes.

Exempts actions brought by the Securities and Exchange Commission under the Federal securities laws for the operation of transfer procedures in multidistrict litigation. (Amends 28 U.S.C. 1407(a))

Referred to Senate Committee on the Judiciary.

Sen. Burdick, Quentin N. [D-ND](D-ND)Sponsor
1committees2actions6subjects
  1. IntroReferral

    Referred to Senate Committee on the Judiciary.

    Judiciary Committee
  2. IntroReferral10000

    Introduced in Senate

A bill to improve judicial machinery by amending subsection (g) of section 1407 chapter 87… — Informed