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Bill: Financial Institution Reform Act

Details

Submitted by[?]: Liberal Democratic Party

Status[?]: defeated

Votes: This bill is a resolution. It requires more yes votes than no votes. This bill will not pass any sooner than the deadline.

Voting deadline: June 4086

Description[?]:

To reform, recapitalize, and consolidate the Federal financial system, to enhance the regulatory and enforcement powers of Federal financial institutions agencies, and for other purposes.
Be it enacted by the Representatives of the Liberal Democratic Party.

(a). IN GENERAL--
Whoever violates any provision of law in this Act shall be subject to a civil penalty in an amount assessed by the court in a civil action.

(b). For the purpose of supervising the Financial Institution, the government may --
(A) Prohibit any type of Insider Trade or Financial Corruption.
(B) Review the background of Chairperson of the board committee.The term of the Chairperson shall be less than 5 years.
(C) Disclosure Required.
(D) Accuracy of Financial Reports.
A civil action to recover a civil penalty under this section shall be commenced by the Attorney General.

Proposals

Debate

These messages have been posted to debate on this bill:

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Voting

Vote Seats
yes
   

Total Seats: 175

no
   

Total Seats: 289

abstain
  

Total Seats: 286


Random fact: Large scale RP planning (such as wars, regional/continental conflicts, economic collapse, etc.) should be planned (as best as it can be) and should have consent of a majority of players involved.

Random quote: "When we're unemployed, we're called lazy; when the whites are unemployed it's called a depression." - Jesse Jackson

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