# 115-hr-3519: Bad Actor Disqualification Act of 2017

115-hr-3519, Bad Actor Disqualification Act of 2017, is a 115th Congress bill sponsored by Rep. Waters, Maxine [D-CA-43] (D-CA); status Referred to the House Committee on Financial Services. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/115-hr-3519
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 115-hr-3519
- Congress: 115
- Title: Bad Actor Disqualification Act of 2017
- Status: Referred to the House Committee on Financial Services.
- Introduced: 2017-07-27
- Sponsor: Rep. Waters, Maxine [D-CA-43] (D-CA)
- Cosponsors: 9
- Policy area: Finance and Financial Sector
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Bad Actor Disqualification Act of 2017 This bill amends the Securities Exchange Act of 1934 to establish procedures for obtaining a waiver from automatic disqualification provisions in securities law. (These disqualifications prevent future participation in certain capital market activities by entities or individuals who have committed misconduct.) Waiver-seeking entities must petition the Securities and Exchange Commission (SEC), and, after a public hearing, the SEC may vote to grant the waiver if it: (1) is in the public interest, (2) is necessary for investor protection, and (3) promotes market integrity. The bill also directs the Government Accountability Office to report on the SEC's current waiver process.

## Cosponsors (9)

- Rep. Lynch, Stephen F. [D-MA-8] (D-MA), 2017-12-06T00:00:00.000Z
- Rep. Green, Al [D-TX-9] (D-TX), 2017-12-06T00:00:00.000Z
- Rep. Ellison, Keith [D-MN-5] (D-MN), 2017-12-06T00:00:00.000Z
- Rep. Schakowsky, Janice D. [D-IL-9] (D-IL), 2017-12-06T00:00:00.000Z
- Del. Norton, Eleanor Holmes [D-DC-At Large] (D-DC), 2017-12-06T00:00:00.000Z
- Rep. Kaptur, Marcy [D-OH-9] (D-OH), 2017-12-06T00:00:00.000Z
- Rep. Grijalva, Raúl M. [D-AZ-7] (D-AZ), 2017-12-06T00:00:00.000Z
- Rep. Price, David E. [D-NC-4] (D-NC), 2017-12-06T00:00:00.000Z
- Rep. Watson Coleman, Bonnie [D-NJ-12] (D-NJ), 2017-12-06T00:00:00.000Z

## Related bills

- 115-hr-6239: DISCLOSE Act of 2018
- 115-hr-6135: Keep Families Together Act
- 115-hr-5374: Student Non-Discrimination Act of 2018
- 115-hr-5087: Assault Weapons Ban of 2018
- 115-hr-5011: Election Security Act
- 115-hr-4240: Public Safety and Second Amendment Rights Protection Act of 2017

## Sources
- [115-hr-3519 on Congress.gov](https://www.congress.gov/bill/115th-congress/house-bill/3519)

## Related
- [115-hr-6239: DISCLOSE Act of 2018](https://policyrisk.com/legislation/115-hr-6239)
- [115-hr-6135: Keep Families Together Act](https://policyrisk.com/legislation/115-hr-6135)
- [115-hr-5374: Student Non-Discrimination Act of 2018](https://policyrisk.com/legislation/115-hr-5374)
- [115-hr-5087: Assault Weapons Ban of 2018](https://policyrisk.com/legislation/115-hr-5087)
- [115-hr-5011: Election Security Act](https://policyrisk.com/legislation/115-hr-5011)
- [115-hr-4240: Public Safety and Second Amendment Rights Protection Act of 2017](https://policyrisk.com/legislation/115-hr-4240)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/115-hr-3519 (as of 2025-11-18).