15 U.S. Code § 80b–17 - Penalties
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Any person who willfully violates any provision of this subchapter, or any rule, regulation, or order promulgated by the Commission under authority thereof, shall, upon conviction, be fined not more than $10,000, imprisoned for not more than five years, or both.
Source(Aug. 22, 1940, ch. 686, title II, § 217,54 Stat. 857; Pub. L. 86–750, § 15,Sept. 13, 1960, 74 Stat. 888; Pub. L. 94–29, § 27(f),June 4, 1975, 89 Stat. 163.)
1975—Pub. L. 94–29substituted “imprisoned for not more than five years” for “imprisoned for not more than two years”.
1960—Pub. L. 86–750inserted “, or any rule, regulation or order promulgated by the Commission under authority thereof,”.
Effective Date of 1975 Amendment
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