Table I to 201.1001 — Civil Monetary Penalty Inflation Adjustments for Violations From December 10, 1996, Through November 2, 2015
| Date of violation and corresponding penalty | ||||||
|---|---|---|---|---|---|---|
| U.S. code citation | Civil monetary penalty description | Dec. 10, 1996 –Feb. 2, 2001i | Feb. 3, 2001 – Feb. 14, 2005ii | Feb. 15, 2005 – Mar. 3, 2009iii | Mar. 4, 2009 – Mar. 5, 2013iv | Mar. 6, 2013 – Nov. 2, 2015v |
| 15 U.S.C. 77h-1(g) (Securities Act Sec. 8A(g)) | For natural person | N/A | N/A | N/A | $7,500vi | $7,500 |
| For any other person | N/A | N/A | N/A | 75,000vi | 80,000 | |
| For natural person/fraud | N/A | N/A | N/A | 75,000vi | 80,000 | |
| For any other person/fraud | N/A | N/A | N/A | 375,000vi | 400,000 | |
| For natural person/fraud/substantial losses or risk of losses to others or gains to self | N/A | N/A | N/A | 150,000vi | 160,000 | |
| For any other person/fraud/substantial losses or risk of losses to others or gain to self | N/A | N/A | N/A | 725,000vi | 775,000 | |
| 15 U.S.C. 77t(d) (Securities Act Sec. 20(d)) | For natural person | $5,500 | $6,500 | $6,500 | 7,500 | 7,500 |
| For any other person | 55,000 | 60,000 | 65,000 | 75,000 | 80,000 | |
| For natural person/fraud | 55,000 | 60,000 | 65,000 | 75,000 | 80,000 | |
| For any other person/fraud | 275,000 | 300,000 | 325,000 | 375,000 | 400,000 | |
| For natural person/fraud/substantial losses or risk of losses to others | 110,000 | 120,000 | 130,000 | 150,000 | 160,000 | |
| For any other person/fraud/substantial losses or risk of losses to others | 550,000 | 600,000 | 650,000 | 725,000 | 775,000 | |
| 15 U.S.C. 78u(d)(3) (Exchange Act Sec. 21(d)(3)) | For natural person | 5,500 | 6,500 | 6,500 | 7,500 | 7,500 |
| For any other person | 55,000 | 60,000 | 65,000 | 75,000 | 80,000 | |
| For natural person/fraud | 55,000 | 60,000 | 65,000 | 75,000 | 80,000 | |
| For any other person/fraud | 275,000 | 300,000 | 325,000 | 375,000 | 400,000 | |
| For natural person/fraud/substantial losses or risk of losses to others or gains to self | 110,000 | 120,000 | 130,000 | 150,000 | 160,000 | |
| For any other person/fraud/substantial losses or risk of losses to others or gain to self | 550,000 | 600,000 | 650,000 | 725,000 | 775,000 | |
| 15 U.S.C. 78u-1(a)(3) (Exchange Act Sec. 21A(a)(3)) | Insider Trading—controlling person | 1,100,000 | 1,200,000 | 1,275,000 | 1,425,000 | 1,525,000 |
| 15 U.S.C. 78u-2 (Exchange Act Sec. 21B) | For natural person | 5,500 | 6,500 | 6,500 | 7,500 | 7,500 |
| For any other person | 55,000 | 60,000 | 65,000 | 75,000 | 80,000 | |
| For natural person/fraud | 55,000 | 60,000 | 65,000 | 75,000 | 80,000 | |
| For any other person/fraud | 275,000 | 300,000 | 325,000 | 375,000 | 400,000 | |
| For natural person/fraud/substantial losses or risk of losses to others | 110,000 | 120,000 | 130,000 | 150,000 | 160,000 | |
| For any other person/fraud/substantial losses or risk of losses to others | 550,000 | 600,000 | 650,000 | 725,000 | 775,000 | |
| 15 U.S.C. 78ff(b) (Exchange Act Sec. 32(b)) | Exchange Act/failure to file information documents, reports | 110 | 110 | 110 | 110 | 210 |
| 15 U.S.C. 78ff(c)(1)(B) (Exchange Act Sec. 32(c)(1)(B)) | Foreign Corrupt Practices — any issuer | 11,000 | 11,000 | 11,000 | 16,000 | 16,000 |
| 15 U.S.C. 78ff(c)(2)(B) (Exchange Act Sec. 32(c)(2)(B)) | Foreign Corrupt Practices — any agent or stockholder acting on behalf of issuer | 11,000 | 11,000 | 11,000 | 16,000 | 16,000 |
| 15 U.S.C. 80a-9(d) (Investment Company Act Sec. 9(d)) | For natural person | 5,500 | 6,500 | 6,500 | 7,500 | 7,500 |
| For any other person | 55,000 | 60,000 | 65,000 | 75,000 | 80,000 | |
| For natural person/fraud | 55,000 | 60,000 | 65,000 | 75,000 | 80,000 | |
| For any other person/fraud | 275,000 | 300,000 | 325,000 | 375,000 | 400,000 | |
| For natural person/fraud/substantial losses or risk of losses to others or gains to self | 110,000 | 120,000 | 130,000 | 150,000 | 160,000 | |
| For any other person/fraud/substantial losses or risk of losses to others or gain to self | 550,000 | 600,000 | 650,000 | 725,000 | 775,000 | |
| 15 U.S.C. 80a-41(e) (Investment Company Act Sec. 42(e)) | For natural person | 5,500 | 6,500 | 6,500 | 7,500 | 7,500 |
| For any other person | 55,000 | 60,000 | 65,000 | 75,000 | 80,000 | |
| For natural person/fraud | 55,000 | 60,000 | 65,000 | 75,000 | 80,000 | |
| For any other person/fraud | 275,000 | 300,000 | 325,000 | 375,000 | 400,000 | |
| For natural person/fraud/substantial losses or risk of losses to others | 110,000 | 120,000 | 130,000 | 150,000 | 160,000 | |
| For any other person/fraud/substantial losses or risk of losses to others | 550,000 | 600,000 | 650,000 | 725,000 | 775,000 | |
| 15 U.S.C. 80b-3(i) (Investment Advisers Act Sec. 203(i)) | For natural person | 5,500 | 6,500 | 6,500 | 7,500 | 7,500 |
| For any other person | 55,000 | 60,000 | 65,000 | 75,000 | 80,000 | |
| For natural person/fraud | 55,000 | 60,000 | 65,000 | 75,000 | 80,000 | |
| For any other person/fraud | 275,000 | 300,000 | 325,000 | 375,000 | 400,000 | |
| For natural person/fraud/substantial losses or risk of losses to others or gains to self | 110,000 | 120,000 | 130,000 | 150,000 | 160,000 | |
| For any other person/fraud/substantial losses or risk of losses to others or gain to self | 550,000 | 600,000 | 650,000 | 725,000 | 775,000 | |
| 15 U.S.C. 80b-9(e) (Investment Advisers Act Sec. 209(e)) | For natural person | 5,500 | 6,500 | 6,500 | 7,500 | 7,500 |
| For any other person | 55,000 | 60,000 | 65,000 | 75,000 | 80,000 | |
| For natural person/fraud | 55,000 | 60,000 | 65,000 | 75,000 | 80,000 | |
| For any other person/fraud | 275,000 | 300,000 | 325,000 | 375,000 | 400,000 | |
| For natural person/fraud/substantial losses or risk of losses to others | 110,000 | 120,000 | 130,000 | 150,000 | 160,000 | |
| For any other person/fraud/substantial losses or risk of losses to others | 550,000 | 600,000 | 650,000 | 725,000 | 775,000 | |
| 15 U.S.C. 7215(c)(4)(D)(i) (Sarbanes-Oxley Act Sec. 105(c)(4)(D)(i)) | For natural person | N/A | 100,000vii | 110,000 | 120,000 | 130,000 |
| For any other person | N/A | 2,000,000vii | 2,100,000 | 2,375,000 | 2,525,000 | |
| 15 U.S.C. 7215(c)(4)(D)(ii) (Sarbanes-Oxley Act Sec. 105(c)(4)(D)(ii)) | For natural person | N/A | 750,000vii | 800,000 | 900,000 | 950,000 |
| For any other person | N/A | 15,000,000vii | 15,825,000 | 17,800,000 | 18,925,000 | |
[61 FR 57774, Nov. 8, 1996, as amended at 78 FR 14181, Mar. 5, 2013]
Footnotes
i
Release Nos. 33-7361, 34-37912, IA-1596, IC-22310, dated November 1, 1996 (effective December 9, 1996), previously found at 17 CFR 201.1001 and Table I to Subpart E of Part 201.
ii
Release Nos. 33-7946, 34-43897, IA-1921, IC-24846, dated January 31, 2001 (effective February 2, 2001), previously found at 17 CFR 201.1002 and Table II to Subpart E of Part 201.
iii
Release Nos. 33-8530, 34-51136, IA-2348, IC-26748, dated February 9, 2005 (effective February 14, 2005), previously found at 17 CFR 201.1003 and Table III to Subpart E of Part 201.
iv
Release Nos. 33-9009, 34-59449, IA-2845, IC-28635, dated February 25, 2009 (effective March 3, 2009), previously found at 17 CFR 201.1004 and Table IV to Subpart E of Part 201.
v
Release Nos. 33-9387, 34-68994, IA-3557, IC-30408, dated February 27, 2013 (effective March 5, 2013), previously found at 17 CFR 201.1005 and Table V to Subpart E of Part 201.
vi
Effective from July 21, 2010 (enactment of the Dodd-Frank Wall Street Reform and Consumer Protection Act, Pub. L. 111-203), through March 5, 2013.
vi
Effective from July 21, 2010 (enactment of the Dodd-Frank Wall Street Reform and Consumer Protection Act, Pub. L. 111-203), through March 5, 2013.
vi
Effective from July 21, 2010 (enactment of the Dodd-Frank Wall Street Reform and Consumer Protection Act, Pub. L. 111-203), through March 5, 2013.
vi
Effective from July 21, 2010 (enactment of the Dodd-Frank Wall Street Reform and Consumer Protection Act, Pub. L. 111-203), through March 5, 2013.
vi
Effective from July 21, 2010 (enactment of the Dodd-Frank Wall Street Reform and Consumer Protection Act, Pub. L. 111-203), through March 5, 2013.
vi
Effective from July 21, 2010 (enactment of the Dodd-Frank Wall Street Reform and Consumer Protection Act, Pub. L. 111-203), through March 5, 2013.
vii
Effective from July 30, 2002 (enactment of the Sarbanes-Oxley Act of 2002, Pub. L. 107-204), through February 14, 2005.
vii
Effective from July 30, 2002 (enactment of the Sarbanes-Oxley Act of 2002, Pub. L. 107-204), through February 14, 2005.
vii
Effective from July 30, 2002 (enactment of the Sarbanes-Oxley Act of 2002, Pub. L. 107-204), through February 14, 2005.
vii
Effective from July 30, 2002 (enactment of the Sarbanes-Oxley Act of 2002, Pub. L. 107-204), through February 14, 2005.