S. 3219 would enhance penalties for violations of securities protections that involve targeting seniors.

== Detailed Summary ==

<summary>
(Log in to editSenior Investor Protections Enhancement Act of 2008 - Amends the wikiSecurities Act of 1933, the Securities Exchange Act of 1934, the Investment Company Act of 1940, and be the firstInvestment Advisers Act of 1940 to increase to provide a detailed summarymaximum of $50,000 the civil penalty for a violation of the Act primarily directed toward or committed against a senior (age 62 or older).

Directs the United States Sentencing Commission to review and amend federal sentencing guidelines and policy statements to ensure that guideline offense levels and enhancements appropriately punish criminal violations of the bill!)securities laws against seniors.
</summary>

<!--Leave in the 'summary' tags if you want the latest summary from the Congressional Research Service automatically to replace the text between the tags once it becomes available. -->

== Status of the Legislation ==

<status>
Latest Major Action: 6/27/2008: Referred to Senate committee. Status: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
</status>

<!-- Leave in the 'status' tags if you want the latest reported status from THOMAS automatically to replace the text between the tags once it becomes available. -->

== Points in Favor ==

(Log in to edit the wiki and be the first to show why the bill should pass!)
<!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! -->

== Points Against ==

(Log in to edit the wiki and be the first to show why the bill should not pass!)
<!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! -->