Reporters are advised that the Act provides the following penalties:
(a) Civil Penalties. Whoever fails to furnish any information required
under the Act, whether required to be furnished in the form of a report or otherwise,
or to comply with any other rule, regulation, order, or instruction promulgated under
the Act, shall be subject to a civil penalty of not less than $2,500 and not more than
(b) Criminal Penalties. Whoever willfully violates any rule,
regulation, order, or instruction promulgated under the Act, upon
conviction, shall be fined not more than $10,000 and, if an individual, may be
imprisoned for not more than one year, or both, and any officer, director, employee,
or agent of any corporation who knowingly participates in such violation, upon
conviction, may be punished by a like fine, imprisonment or both.
Title 31 published on 2012-07-01
no entries appear in the Federal Register after this date.
This is a list of United States Code sections, Statutes at Large, Public Laws, and Presidential Documents, which provide rulemaking authority for this CFR Part.