§80b–17. Penalties

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 .)

Editorial Notes

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,".

Statutory Notes and Related Subsidiaries

Effective Date of 1975 Amendment

Amendment by Pub. L. 94–29 effective June 4, 1975, see section 31(a) of Pub. L. 94–29, set out as a note under section 78b of this title.