1. Short title This Act may be cited as the Securities Fraud Enforcement and Investor Compensation Act of 2019 . 2. Investigations and prosecution of offenses for violations of the securities laws (a) In general Section 21(d) of the Securities Exchange Act of 1934 ( 15 U.S.C. 78u(d) ) is amended— (1) in paragraph (3)— (A) in the paragraph heading— (i) by inserting Civil before Money penalties ; and (ii) by striking in civil actions and inserting and authority to seek disgorgement ; (B) in subparagraph (A), by striking jurisdiction to impose and all that follows through the period at the end and inserting the following: “jurisdiction to— (i) impose, upon a proper showing, a civil penalty to be paid by the person who committed such violation; and (ii) require disgorgement under paragraph (7) by the person who received any unjust enrichment as a result of such violation. ; and (C) in subparagraph (B)— (i) in clause (i), in the first sentence, by striking the penalty and inserting a civil penalty imposed under subparagraph (A)(i) ; (ii) in clause (ii), by striking amount of penalty and inserting amount of a civil penalty imposed under subparagraph (A)(i) ; and (iii) in clause (iii), in the matter preceding item (aa), by striking amount of penalty for each such violation and inserting amount of a civil penalty imposed under subparagraph (A)(i) for each violation described in that subparagraph ; (2) in paragraph (4), by inserting under paragraph (7) after funds disgorged