H.R.827 - Improving Security for Investors and Providing Closure Act of 2013
To amend the Securities Investor Protection Act of 1970 to provide one-time payments from the SIPC Fund for customers during a pending lawsuit by the Securities and Exchange Commission against the Securities Investor Protection Corporation, and for other purposes.
The following letters were written by OpenCongress.org users and sent to their elected representatives. You can start a letter of your own by clicking the links to right.
H.R.827 Improving SIPC Act of 2013
April 16, 2013
Dear Congressman Price and Senators Burr and Hagan,
Please consider supporting H.R.827 - Improving SIPC Act of 2013 in any way that each of you can. The financial devastation brought about from the failure of the SEC to perform its duty in the Stanford and Madoff cases is an utter disgrace.
I am a citizen who has been directly affected by the Stanford fraud and the SEC's subsequent failure to alert the public of an ongoing crime for ten years. While the perpetrator of this crime has been ...