Securities Lawyer's Deskbook
                         published by The University of Cincinnati College of Law
UC Law logo


The

Sarbanes-Oxley Act of 2002





Section 1106 -- Increased Criminal Penalties under Securities Exchange Act of 1934


Section 32(a) of the Securities Exchange Act of 1934 is amended--
  1. by striking "$ 1,000,000, or imprisoned not more than 10 years" and inserting "$ 5,000,000, or imprisoned not more than 20 years"; and

  2. by striking "$ 2,500,000" and inserting "$ 25,000,000".


Legislative History


July 30, 2002, 107 P.L. 204, Title XI, § 1106, 116 Stat. 745.



Notice to Users: The Deskbook is made available with the understanding that the University of Cincinnati College of Law is not engaged in rendering legal, accounting or other professional services. If legal advice or other expert assistance is required, the services of a competent professional person should be sought. See Terms and Conditions of Use.  UC Brand Ingot

© Copyright 1998-2009, University of Cincinnati, All Rights Reserved
 Contact: ronald.jones@uc.edu