United States Code (Last Updated: May 24, 2014) |
Title 15. COMMERCE AND TRADE |
Chapter 2D. INVESTMENT COMPANIES AND ADVISERS |
SubChapter II. INVESTMENT ADVISERS |
§ 80b–17. Penalties
Latest version.
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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.
(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.)
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,”.
Effective Date Of Amendment
Amendment by Pub. L. 94–29 effective