To establish a statute of limitations for certain actions of the Securities and Exchange Commission, and for other purposes.

“(j) Statute of limitations

“(1) Civil monetary penalties

“(A) In general—An action or proceeding brought or instituted by the Commission under any provision of the securities laws for a civil monetary penalty may be brought not later than 10 years after the violation.

“(B) Exclusion—The period of limitations in subparagraph (A) does not run during any time when an alleged violator is absent from the United States or has no reasonably ascertainable place of abode or work within the United States.

“(2) Definition—For purposes of this subsection, the term civil monetary penalty means relief sought by the Commission under—

“(A) section 20(d) of the Securities Act of 1933 (15 U.S.C. 77t(d));

“(B) section 21(d)(3), 21A(a), subsections (a) through (d) of section 21B, section 32(b), 32(c)(1)(B), or 32(c)(2)(B) of this title (15 U.S.C. 78u(d)(3), 15 U.S.C. 78u–1(a), 15 U.S.C. 78u–2(a)-(d), 15 U.S.C. 78ff(b), 15 U.S.C. 78ff(c)(1)(B), 15 U.S.C. 78ff(c)(2)(B));

“(C) section 9(d) or 42(e) of the Investment Company Act of 1940 (15 U.S.C. 80a–9(d), 15 U.S.C. 80a–41(e)); or

“(D) section 203(i) or 209(e) of the Investment Advisers Act of 1940 (15 U.S.C. 80b–3(i), 15 U.S.C. 80b–9(e)).”