I 
109TH CONGRESS 
2D SESSION 
H. R. 6272 
To provide additional emergency and enhanced enforcement authority to the 
Securities and Exchange Commission. 
IN THE HOUSE OF REPRESENTATIVES 
SEPTEMBER 29, 2006 
Mr. CAMPBELL of California introduced the following bill; which was referred 
to the Committee on Financial Services 
A BILL 
To provide additional emergency and enhanced enforcement 
authority to the Securities and Exchange Commission. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Enhanced Emergency 
and Enforcement Authority Act’’. 
SEC. 2. EMERGENCY ORDERS RELATED TO COMPLIANCE 
DURING AN EMERGENCY. 
Section 12(k) of the Securities Exchange Act of 1934 
(15 U.S.C. 78l(k) is amended— 
(1) in paragraph (2)(A)(iii)— 
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(A) in subclause (I), by striking ‘‘; or’’ and 
inserting a semicolon; 
(B) in subclause (II), by striking the pe-
riod and inserting ‘‘; or’’; and 
(C) by inserting after subclause (II) the 
following: 
‘‘(III) the ability of investors, 
issuers, brokers or dealers, transfer 
agents, investment advisers, or other 
market participants to conduct securi-
ties activities or comply with filing, re-
porting, delivery, or other obligations 
under the securities laws in a timely, 
orderly, or efficient manner.’’; and 
(2) in paragraph (7)(A)(ii)— 
(A) in subclause (I), by striking ‘‘; or’’ and 
inserting a semicolon; 
(B) in subclause (II), by striking ‘‘; and’’ 
and inserting ‘‘; or’’; and 
(C) by inserting after subclause (II) the 
following: 
‘‘(III) the ability of investors, 
issuers, brokers or dealers, transfer 
agents, investment advisers, or other 
market participants to conduct securi-
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ties activities or comply with filing, re-
porting, delivery, or other obligations 
under the securities laws in a timely, 
orderly, or efficient manner; and’’. 
SEC. 3. NATIONWIDE SERVICE OF PROCESS. 
(a) SECURITIES ACT OF 1933.—Section 22(a) of the 
Securities Act of 1933 (15 U.S.C. 77v(a)) is amended by 
inserting after the second sentence the following: ‘‘In any 
action or proceeding instituted by the Commission under 
this title in a United States district court for any judicial 
district, subpoenas issued by or on behalf of such court 
to compel the attendance of witnesses or the production 
of documents or tangible things (or both) may be served 
in any other district. Such subpoenas may be served and 
enforced without application to the court or a showing of 
cause, notwithstanding the provisions of rule 45(b)(2), 
(c)(3)(A)(ii), and (c)(3)(B)(iii) of the Federal Rules of 
Civil Procedure.’’. 
(b) SECURITIES EXCHANGE ACT OF 1934.—Section 
27 of the Securities Exchange Act of 1934 (15 U.S.C. 
78aa) is amended by inserting after the third sentence the 
following: ‘‘In any action or proceeding instituted by the 
Commission under this title in a United States district 
court for any judicial district, subpoenas issued by or on 
behalf of such court to compel the attendance of witnesses 
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or the production of documents or tangible things (or 
both) may be served in any other district. Such subpoenas 
may be served and enforced without application to the 
court or a showing of cause, notwithstanding the provi-
sions of rule 45(b)(2), (c)(3)(A)(ii), and (c)(3)(B)(iii) of 
the Federal Rules of Civil Procedure.’’. 
(c) INVESTMENT COMPANY ACT OF 1940.—Section 
44 of the Investment Company Act of 1940 (15 U.S.C. 
80a–43) is amended by inserting after the fourth sentence 
the following: ‘‘In any action or proceeding instituted by 
the Commission under this title in a United States district 
court for any judicial district, subpoenas issued by or on 
behalf of such court to compel the attendance of witnesses 
or the production of documents or tangible things (or 
both) may be served in any other district. Such subpoenas 
may be served and enforced without application to the 
court or a showing of cause, notwithstanding the provi-
sions of rule 45(b)(2), (c)(3)(A)(ii), and (c)(3)(B)(iii) of 
the Federal Rules of Civil Procedure.’’. 
(d) INVESTMENT ADVISERS ACT OF 1940.—Section 
214 of the Investment Advisers Act of 1940 (15 U.S.C. 
80b–14) is amended by inserting after the third sentence 
the following: ‘‘In any action or proceeding instituted by 
the Commission under this title in a United States district 
court for any judicial district, subpoenas issued by or on 
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behalf of such court to compel the attendance of witnesses 
or the production of documents or tangible things (or 
both) may be served in any other district. Such subpoenas 
may be served and enforced without application to the 
court or a showing of cause, notwithstanding the provi-
sions of rule 45(b)(2), (c)(3)(A)(ii), and (c)(3)(B)(iii) of 
the Federal Rules of Civil Procedure.’’. 
Æ 
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