U.S.C. Title 15 - COMMERCE AND TRADE 15 U.S.C. United States Code, 2024 Edition Title 15 - COMMERCE AND TRADE CHAPTER 2D - INVESTMENT COMPANIES AND ADVISERS SUBCHAPTER II - INVESTMENT ADVISERS Sec. 80b-17 - Penalties From the U.S. Government Publishing Office, www.gpo.gov §80b–17. Penalties 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. (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.) Editorial Notes Amendments 1975—Pub. L. 94–29 substituted "imprisoned for not more than five years" for "imprisoned for not more than two years". 1960—Pub. L. 86–750 inserted ", or any rule, regulation or order promulgated by the Commission under authority thereof,". Statutory Notes and Related Subsidiaries Effective Date of 1975 Amendment Amendment by Pub. L. 94–29 effective June 4, 1975, see section 31(a) of Pub. L. 94–29, set out as a note under section 78b of this title.
15 U.S.C. § 80b-17
§80b–17. Penalties
Edition 2024