HCS HB 1617 -- OBSTRUCTION OF SECURITIES INVESTIGATIONS (Hanaway)

This substitute creates the crime of obstruction of a securities
administrative proceeding or investigation.  The crime is
punishable by a fine of up to $500,000, imprisonment for up to 10
years, or both.  The crime is committed when a person alters,
destroys, conceals, or withholds any record requested by the
Commissioner of Securities in the Office of the Secretary of
State with the intent of obstructing, evading, or influencing:

(1)  An investigation of a suspected securities violation; or

(2)  The administration of any other proceeding involving the
regulation of securities.

FISCAL NOTE:  Estimated Cost on General Revenue Fund of Less than
$100,000 in FY 2005, FY 2006, and FY 2007.  No impact on Other
State Funds in FY 2005, FY 2006, and FY 2007.

Missouri House of Representatives
92nd General Assembly, 2nd Regular Session
Last Updated September 23, 2004 at 11:16 am