Voices Of Reason

Congressman Ben McAdams and Rep. Bill Huizenga (R-MI) collaborated on a bill that seeks to better protect victims of investment fraud by giving the SEC more time to recover stolen money. In this episode, Rep. McAdams discusses why he and Huizenga decided to join together to change the law and how a 2017 Supreme Court decision meant victims lost out on billions of dollars that the SEC wasn't allowed to recover. He discusses why it has bipartisan support and how the looming impeachment inquiry might impact this and other bills that Congress hopes to pass in the next few months. “U.S. capital markets are the envy of the world," McAdams said in a press release. "They promote job growth and economic opportunity.  But they only work to the extent that investors have faith that bad actors cannot profit off wrongdoing.  This legislation extends the time for the Securities and Exchange Commission to get back money from white collar criminals who prey on innocent investors and steal millions to enrich t