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, the Investment Advisers Act of 1940, and certain penalties under the Sarbanes-Oxley Act of 2002 are adjusted for inflation in accordance with Table III to this subpart. The adjustments set forth in Table III apply to violations occurring after February 14, 2005. [70 FR 7607, Feb. 14, 2005]
Sec. Table III 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 last amount
adjusted adjustment----------------------------------------------------------------------------------------------------------------
Securities and Exchange Commission----------------------------------------------------------------------------------------------------------------15 U.S.C. 77t(d)........................ For natural person............. 2001 $6,500 $6,500
For any other person........... 2001 60,000 65,000
For natural person/fraud....... 2001 60,000 65,000
For any other person/fraud..... 2001 300,000 325,000
For natural person/substantial 2001 120,000 130,000
losses or risk of losses to
others.
For any other person/ 2001 600,000 650,000
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 2001 1,200,000 1,275,000
person.15 U.S.C. 78u-2......................... For natural person............. 2001 6,500 6,500
For any other person........... 2001 60,000 65,000
For natural person/fraud....... 2001 60,000 65,000
For any other person/fraud..... 2001 300,000 325,000
For natural person/substantial 2001 120,000 130,000
losses to others/gains to self.
For any other person/ 2001 600,000 650,000
substantial losses to others/
gain to self.15 U.S.C. 78u(d)(3)..................... For natural person............. 2001 6,500 6,500
For any other person........... 2001 60,000 65,000
For natural person/fraud....... 2001 60,000 65,000
For any other person/fraud..... 2001 300,000 325,000
For natural person/substantial 2001 120,000 130,000
losses or risk of losses to
others.
For any other person/ 2001 600,000 650,000
substantial losses or risk of
losses to others.15 U.S.C. 80a-9(d)...................... For natural person............. 2001 6,500 6,500
For any other person........... 2001 60,000 65,000
For natural person/fraud....... 2001 60,000 65,000
For any other person/fraud..... 2001 300,000 325,000
For natural person/substantial 2001 120,000 130,000
losses to others/gains to self.
For any other person/ 2001 600,000 650,000
substantial losses to others/
gain to self.15 U.S.C. 80a-41(e)..................... For natural person............. 2001 6,500 6,500
For any other person........... 2001 60,000 65,000
For natural person/fraud....... 2001 60,000 65,000
For any other person/fraud..... 2001 300,000 325,000
For natural person/substantial 2001 120,000 130,000
losses or risk of losses to
others.
For any other person/ 2001 600,000 650,000
substantial losses or risk of
losses to others.15 U.S.C. 80b-3(i)...................... For natural person............. 2001 6,500 6,500
For any other person........... 2001 60,000 65,000
For natural person/fraud....... 2001 60,000 65,000
For any other person/fraud..... 2001 300,000 325,000
For natural person/substantial 2001 120,000 130,000
losses to others/gains to self.
For any other person/ 2001 600,000 650,000
substantial losses to others /
gain to self.15 U.S.C. 80b-9(e)...................... For natural person............. 2001 6,500 6,500
For any other person........... 2001 60,000 65,000
For natural person/fraud....... 2001 60,000 65,000
For any other person/fraud..... 2001 300,000 325,000
For natural person/substantial 2001 120,000 130,000
losses or risk of losses to
others.
For any other person/ 2001 600,000 650,000
substantial losses or risk of
losses to others.15 U.S.C. 7215(c)(4)(D)(i).............. For natural person............. 2002 100,000 110,000
For any other person........... 2002 2,000,000 2,100,00015 U.S.C. 7215(c)(4)(D)(ii)............. For natural person............. 2002 750,000 800,000
For any other person........... 2002 15,000,000 15,825,000---------------------------------------------------------------------------------------------------------------- [70 FR 7607, Feb. 14, 2005, as amended at 78 FR 14181, Mar. 5, 2013]