§ 80b-17. — Penalties.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 15USC80b-17]
TITLE 15--COMMERCE AND TRADE
CHAPTER 2D--INVESTMENT COMPANIES AND ADVISERS
SUBCHAPTER II--INVESTMENT ADVISERS
Sec. 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, Sec. 217, 54 Stat. 857; Pub. L. 86-
750, Sec. 15, Sept. 13, 1960, 74 Stat. 888; Pub. L. 94-29, Sec. 27(f),
June 4, 1975, 89 Stat. 163.)
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,''.
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.
