H.R. 3995 would provide additional resources for Federal investigations and prosecutions of crimes related to the 2008 Financial Crisis.
Detailed Summary
Financial Crisis of 2008 Criminal Investigation and Prosecution Act of 2009 - Authorizes appropriations for FY2009-FY2012 for the Director of the Federal Bureau of Investigation (FBI) to hire 1,000 FBI agents as well as additional forensic experts to investigate corporate, securities, and mortgage fraud, and associated violations of law relating to the U.S. financial markets.<br>
Authorizes the hiring also of additional employees by the Attorney General and by the Chair of the Securities and Exchange Commission (SEC) Division of Enforcement to conduct related investigations and prosecutions.
Status of the Legislation
Latest Major Action: 11/3/2009: Referred to House committee. Status: Referred to the Committee on the Judiciary, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Points in Favor
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Points Against
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