As required by the Debt Collection Improvement Act of 1996, the maximum amounts of all civil monetary penalties under the Securities Act of 1933, the Securities Exchange Act of 1934, the Investment Company Act of 1940, and the Investment Advisers Act of 1940 are adjusted for inflation in accordance with Table II to this subpart. The adjustments set forth in Table II apply to violations occurring after February 2, 2001. [66 FR 8762, Feb. 2, 2001] Sec. Table II to Subpart E of Part 201--Civil Monetary Penalty Inflation
Adjustments ----------------------------------------------------------------------------------------------------------------
Maximum
Year penalty Adjusted
Civil monetary penalty penalty amount maximum
U.S. Code citation description amount was pursuant to penalty
last 1996 amount
adjusted adjustment----------------------------------------------------------------------------------------------------------------Securities and Exchange Commission:
15 U.S.C. 77t(d).................... For natural person............. 1996 $5,500 $6,500
For any other person........... 1996 55,000 60,000
For natural person/fraud....... 1996 55,000 60,000
For any other person/fraud..... 1996 275,000 300,000
For natural person/substantial 1996 110,000 120,000
losses or risk of losses to
others.
For any other person/ 1996 550,000 600,000
substantial losses or risk of
losses to others.
15 U.S.C. 78ff(b)................... Exchange Act/failure to file 1996 110 110
information documents, reports.
15 U.S.C. 78ff(c)(1)(B)............. Foreign Corrupt Practices--any 1996 11,000 11,000
issuer.
15 U.S.C. 78ff(c)(2)(B)............. Foreign Corrupt Practices--any 1996 11,000 11,000
agent or stockholder acting on
behalf of issuer.
15 U.S.C. 78u-1(a)(3)............... Insider Trading--controlling 1996 1,100,000 1,200,000
person.
15 U.S.C. 78u-2..................... For natural person............. 1996 5,500 6,500
For any other person........... 1996 55,000 60,000
For natural person/fraud....... 1996 55,000 60,000
For any other person/fraud..... 1996 275,000 300,000
For natural person/substantial 1996 110,000 120,000
losses to others/gains to self.
For any other person/ 1996 550,000 600,000
substantial losses to others/
gain to self.
15 U.S.C. 78u(d)(3)................. For natural person............. 1996 5,500 6,500
For any other person........... 1996 55,000 60,000
For natural person/fraud....... 1996 55,000 60,000
For any other person/fraud..... 1996 275,000 300,000
For natural person/substantial 1996 110,000 120,000
losses or risk of losses to
others.
For any other person/ 1996 550,000 600,000
substantial losses or risk of
losses to others.
15 U.S.C. 80a-9(d).................. For natural person............. 1996 5,500 $6,500
For any other person........... 1996 55,000 60,000
For natural person/fraud....... 1996 55,000 60,000
For any other person/fraud..... 1996 275,000 300,000
For natural person/substantial 1996 110,000 120,000
losses to others/gains to self.
For any other person/ 1996 550,000 600,000
substantial losses to others/
gain to self.
15 U.S.C. 80a-41(e)................. For natural person............. 1996 5,500 6,500
For any other person........... 1996 55,000 60,000
For natural person/fraud....... 1996 55,000 60,000
For any other person/fraud..... 1996 275,000 300,000
For natural person/substantial 1996 110,000 120,000
losses or risk of losses to
others.
For any other person/ 1996 550,000 600,000
substantial losses or risk of
losses to others.
15 U.S.C. 80b-3(i).................. For natural person............. 1996 5,500 6,500
For any other person........... 1996 55,000 60,000
For natural person/fraud....... 1996 55,000 60,000
For any other person/fraud..... 1996 275,000 300,000
For natural person/substantial 1996 110,000 120,000
losses to others/gains to self.
For any other person/ 1996 550,000 600,000
substantial losses to others/
gain to self.
15 U.S.C. 80b-9(e).................. For natural person............. 1996 5,500 6,500
For any other person........... 1996 55,000 60,000
For natural person/fraud....... 1996 55,000 60,000
For any other person/fraud..... 1996 275,000 300,000
For natural person/substantial 1996 110,000 120,000
losses or risk of losses to
others.
For any other person/ 1996 550,000 600,000
substantial losses or risk of
losses to others.---------------------------------------------------------------------------------------------------------------- [66 FR 8762, Feb. 2, 2001, as amended at 78 FR 14181, Mar. 5, 2013]