Securities Enforcement Remedies Act

The video discusses an amendment to securities laws that empowers courts to impose additional civil damages on violators. It allows judges to levy fines of up to $500,000 per incident on institutions and up to $100,000 on individuals. This amendment strengthens enforcement actions against securities law violations.

What is the significance of the additional civil damages or fines mentioned in the amendment?

In what way does the amendment add 'teeth' to the enforcement of securities laws?