Page:United States Statutes at Large Volume 124.djvu/2105

From Wikisource
Jump to navigation Jump to search
This page needs to be proofread.

124 STAT. 2079 PUBLIC LAW 111–203—JULY 21, 2010 to the public and the financial markets resulting from the offenses; (iii) ensure reasonable consistency with other rel- evant directives and guidelines and Federal statutes; (iv) make any necessary conforming changes to guidelines; and (v) ensure that the guidelines adequately meet the purposes of sentencing, as set forth in section 3553(a)(2) of title 18, United States Code. (b) EXTENSION OF STATUTE OF LIMITATIONS FOR SECURITIES FRAUD VIOLATIONS.— (1) IN GENERAL.—Chapter 213 of title 18, United States Code, is amended by adding at the end the following: ‘‘§ 3301. Securities fraud offenses ‘‘(a) DEFINITION.—In this section, the term ‘securities fraud offense’ means a violation of, or a conspiracy or an attempt to violate— ‘‘(1) section 1348; ‘‘(2) section 32(a) of the Securities Exchange Act of 1934 (15 U.S.C. 78ff(a)); ‘‘(3) section 24 of the Securities Act of 1933 (15 U.S.C. 77x); ‘‘(4) section 217 of the Investment Advisers Act of 1940 (15 U.S.C. 80b–17); ‘‘(5) section 49 of the Investment Company Act of 1940 (15 U.S.C. 80a–48); or ‘‘(6) section 325 of the Trust Indenture Act of 1939 (15 U.S.C. 77yyy). ‘‘(b) LIMITATION.—No person shall be prosecuted, tried, or pun- ished for a securities fraud offense, unless the indictment is found or the information is instituted within 6 years after the commission of the offense.’’. (2) TECHNICAL AND CONFORMING AMENDMENT.—The table of sections for chapter 213 of title 18, United States Code, is amended by adding at the end the following: ‘‘3301. Securities fraud offenses.’’. (c) AMENDMENTS TO THE FALSE CLAIMS ACT RELATING TO LIMITATIONS ON ACTIONS.—Section 3730(h) of title 31, United States Code, is amended— (1) in paragraph (1), by striking ‘‘or agent on behalf of the employee, contractor, or agent or associated others in fur- therance of other efforts to stop 1 or more violations of this subchapter’’ and inserting ‘‘agent or associated others in fur- therance of an action under this section or other efforts to stop 1 or more violations of this subchapter’’; and (2) by adding at the end the following: ‘‘(3) LIMITATION ON BRINGING CIVIL ACTION.—A civil action under this subsection may not be brought more than 3 years after the date when the retaliation occurred.’’.