Pass the law SEC seeks vs investment scammers

WHEN Congress reopens in May the Securities and Exchange Commission will submit a bill that should be acted on at once by the relevant committees, passed by both Houses and then enacted into law.

The SEC wants to have more powers to combat investment scams and prosecute the swindlers. This is good because it will both prevent victims from being illegally made to part with their money and will encourage investors who have been discouraged from playing in the stock market for fear of being victimized by scammers.