15 U.S.C. § 78ff — Penalties

(a) Willful violations and false statements Anyone who willfully breaks any provision of this chapter (except section 78dd–1) — or any rule required under it — can be fined up to $5,000,000 and imprisoned up to 20 years, or both, once convicted. The same penalty applies to anyone who willfully and knowingly makes, or has someone else make, a false or misleading statement about a material fact in an application, report, or document required under this chapter, in a registration statement's undertakings, or in an application to join or become associated with a self-regulatory organization. If the person is not an individual (for example, a company), the fine can go up to $25,000,000 instead. Nobody can be imprisoned for violating a rule or regulation if they prove they didn't know about that rule. (b) Failing to file reports An issuer that fails to file information, documents, or reports required under section 78o(d) or its rules must forfeit $100 to the United States for every day the failure continues. This forfeiture replaces any criminal penalty that might otherwise apply under subsection (a) for the same failure to file. It's paid into the U.S. Treasury and can be collected through a civil lawsuit brought in the name of the United States. (c) Penalties for bribery violations under section 78dd–1 An issuer that violates subsection (a) or (g) of section 78dd–1 can be fined up to $2,000,000, and can also face a separate civil penalty of up to $10,000 imposed by the SEC. An officer, director, employee, or agent of an issuer — or a stockholder acting on the issuer's behalf — who willfully violates subsection (a) or (g) of section 78dd–1 can be fined up to $100,000 and imprisoned up to 5 years, or both. The same kind of person, even without acting willfully, can face a separate civil penalty of up to $10,000 imposed by the SEC. Whenever a fine is imposed on an officer, director, employee, agent, or stockholder under the paragraph above, the issuer is not allowed to pay that fine for them, directly or indirectly.