H. R. 9451 seeks to increase civil penalties for violations of Federal securities laws. This includes amending penalties under several acts, such as the Securities Act of 1933 and the Securities Exchange Act of 1934, by raising maximum fines for offenses involving fraud or...
Simple Explanation
H.R. 9451 is like a rulebook that says people who break money and investment rules have to pay bigger fines, especially if they've done it before. This might be tough for smaller companies because it makes them pay a lot if they mess up.