In the Margins

Senate bill would bump up SEC penalties

March 31, 2017

By InvestmentNews

A bipartisan bill introduced Thursday in the Senate would allow the Securities and Exchange Commission to impose a maximum $1 million penalty on individuals per violation for the most serious offenses and a maximum $10 million per violation on financial firms. Those levels would be an increase from the current $181,071 for individuals and $905,353 for firms. Read the original story from InvestmentNews.

 

 

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