78dd. Foreign securities exchanges.
78dd-1. Prohibited foreign trade practices by issuers.
78dd-2. Prohibited foreign trade practices by domestic concerns.
78dd-3. Prohibited foreign trade practices by persons other than
78ee. Transaction fees.
Sec. 78ff. Penalties
- (a) Willful violations; false
and misleading statements
Any person who willfully violates any provision of this chapter (other than
of this title), or any rule or regulation thereunder the violation of which
is made unlawful or the observance of which is required under the terms of
this chapter, or any person who willfully and knowingly makes, or causes to
be made, any statement in any application, report, or document required to
be filed under this chapter or any rule or regulation thereunder or any
undertaking contained in a registration statement as provided in subsection
(d) of section 78o
of this title, or by any self-regulatory organization in connection with an
application for membership or participation therein or to become associated
with a member thereof which statement was false or misleading with respect
to any material fact, shall upon conviction be fined not more than
$1,000,000, or imprisoned not more than 10 years, or both, except that when
such person is a person other than a natural person, a fine not exceeding
$2,500,000 may be imposed; but no person shall be subject to imprisonment
under this section for the violation of any rule or regulation if he proves
that he had no knowledge of such rule or regulation.
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