FEDERAL · 15 U.S.C. · Chapter 15B
Civil penalty authority
15 U.S.C. § 717t–1
This text of 15 U.S.C. § 717t–1 (Civil penalty authority) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
15 U.S.C. § 717t–1.
Text
(a)In general
Any person that violates this chapter, or any rule, regulation, restriction, condition, or order made or imposed by the Commission under authority of this chapter, shall be subject to a civil penalty of not more than $1,000,000 per day per violation for as long as the violation continues.
(b)Notice
The penalty shall be assessed by the Commission after notice and opportunity for public hearing.
(c)Amount
In determining the amount of a proposed penalty, the Commission shall take into consideration the nature and seriousness of the violation and the efforts to remedy the violation.
Free access — add to your briefcase to read the full text and ask questions with AI
Source Credit
History
(June 21, 1938, ch. 556, §22, as added Pub. L. 109–58, title III, §314(b)(1)(B), Aug. 8, 2005, 119 Stat. 691.)
Editorial Notes
Editorial Notes
Prior Provisions
A prior section 22 of act June 21, 1938, was renumbered section 24 and is classified to section 717u of this title.
Prior Provisions
A prior section 22 of act June 21, 1938, was renumbered section 24 and is classified to section 717u of this title.
Cite This Page — Counsel Stack
Bluebook (online)
15 U.S.C. § 717t–1, Counsel Stack Legal Research, https://law.counselstack.com/usc/15/717t–1.