15 U.S.C. § 717t : US Code - Section 717T: General penalties
Search 15 U.S.C. § 717t : US Code - Section 717T: General penalties
(a) Any person who willfully and knowingly does or causes or
suffers to be done any act, matter, or thing in this chapter
prohibited or declared to be unlawful, or who willfully and
knowingly omits or fails to do any act, matter, or thing in this
chapter required to be done, or willfully and knowingly causes or
suffers such omission or failure, shall, upon conviction thereof,
be punished by a fine of not more than $1,000,000 or by
imprisonment for not more than 5 years, or both.
(b) Any person who willfully and knowingly violates any rule,
regulation, restriction, condition, or order made or imposed by the
Commission under authority of this chapter, shall, in addition to
any other penalties provided by law, be punished upon conviction
thereof by a fine of not exceeding $50,000 for each and every day
during which such offense occurs.
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