15 U.S.C. § 77yyy — Penalties

FEDERAL · 15 U.S.C. · Chapter 2A

Penalties

Current through Pub. L. 119-99

Title 15 — Commerce and Trade·Ch. 2A — SECURITIES AND TRUST INDENTURES·Subch. III

Any person who willfully violates any provision of this subchapter or any rule, regulation, or order thereunder, or any person who willfully, in any application, report, or document filed or required to be filed under the provisions of this subchapter or any rule, regulation, or order thereunder, makes any untrue statement of a material fact or omits to state any material fact required to be stated therein or necessary to make the statements therein not misleading, shall upon conviction be fined not more than $10,000 or imprisoned not more than five years, or both.

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Any person who willfully violates any provision of this subchapter or any rule, regulation, or order thereunder, or any person who willfully, in any application, report, or document filed or required to be filed under the provisions of this subchapter or any rule, regulation, or order thereunder, makes any untrue statement of a material fact or omits to state any material fact required to be stated therein or necessary to make the statements therein not misleading, shall upon conviction be fined not more than $10,000 or imprisoned not more than five years, or both.

15 U.S.C. § 77yyy (Penalties) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Fed. Sec. L. Rep. P 97,514 Zeffiro, Jay A., Individually and on Behalf of All Other Persons Similarly Situated v. First Pennsylvania Banking and Trust Company, a Pennsylvania Corporation. Smith, Isabella G., Bernard, Harry M., Jr., on Behalf of Themselves and All Others Similarly Situated v. First Pennsylvania Bank, N. A., Capital First Corporation, First Pennsylvania Bank N. A.

623 F.2d 290 (First Circuit, 1980)

12 case citations

Penuel v. Titan/Value Equities Group, Inc.

872 P.2d 28 (Court of Appeals of Oregon, 1994)

10 case citations

Zeffiro v. First Pennsylvania Banking & Trust Co.

623 F.2d 290 (Third Circuit, 1980)

7 case citations

Zeffiro v. First Pennsylvania Banking & Trust Co.

473 F. Supp. 201 (E.D. Pennsylvania, 1979)

7 case citations

Fed. Sec. L. Rep. P 95,827, 1 Fed. R. Evid. Serv. 1285 United States of America v. Hunter Brooks Brashier, United States of America v. John Michael Coughlan, Sr.

548 F.2d 1315 (Ninth Circuit, 1976)

Source Credit

History

(May 27, 1933, ch. 38, title III, §325, as added Aug. 3, 1939, ch. 411, 53 Stat. 1177; amended Pub. L. 94–29, §27(d), June 4, 1975, 89 Stat. 163.)

Editorial Notes

Editorial Notes

Amendments
1975—Pub. L. 94–29 substituted "$10,000" for "$5,000".

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.