17 CFR 201.1001 : Commodity And Securities Exchanges (§ 1.1 To Parts 451-499) — (§ 200.1 To § 239.900) — Securities And Exchange Commission (§ 200.1 To § 239.900) — Rules Of Practice (Subpart A To § 201.1106) — Adjustment Of Civil Monetary Penalties (§ 201.1001) — Adjustment of civil monetary penalties - 2016.

4 Aug 2016

As required by the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015, the maximum amounts of all civil monetary penalties under the Securities Act of 1933, the Securities Exchange Act of 1934, the Investment Company Act of 1940, and the Investment Advisers Act of 1940, and certain penalties under the Sarbanes-Oxley Act of 2002 are adjusted for inflation in accordance with Table I to this subpart E. The adjustments set forth in Table I to this subpart E apply to all penalties imposed after August 1, 2016, including to penalties imposed for violations that occur before August 1, 2016.

Table I to Subpart E of Part 201 - Civil Monetary Penalty Inflation Adjustments

U.S. Code citation Civil monetary penalty description Year penalty amount was established or last adjusted * Maximum penalty amount when established or last adjusted Maximum penalty amount in effect on November 2, 2015 New adjusted maximum penalty amount effective August 1, 2016
Securities and Exchange Commission:
15 U.S.C. 77h-1(g) For natural person 2010 $7,500 $7,500 $8,156
For any other person 2010 75,000 80,000 81,559
For natural person/fraud 2010 75,000 80,000 81,559
For any other person/fraud 2010 375,000 400,000 407,794
For natural person/substantial losses or risk of losses to others or gains to self 2010 150,000 160,000 163,118
For any other person/substantial losses or risk of losses to others or gain to self 2010 725,000 775,000 788,401
15 U.S.C. 77t(d) For natural person 1990 5,000 7,500 8,908
For any other person 1990 50,000 80,000 89,078
For natural person/fraud 1990 50,000 80,000 89,078
For any other person/fraud 1990 250,000 400,000 445,390
For natural person/substantial losses or risk of losses to others 1990 100,000 160,000 178,156
For any other person/substantial losses or risk of losses to others 1990 500,000 775,000 890,780
15 U.S.C. 78ff(b) Exchange Act/failure to file information documents, reports 1936 100 210 525
15 U.S.C. 78ff(c)(1)(B) Foreign Corrupt Practices - any issuer 1988 10,000 16,000 19,787
15 U.S.C. 78ff(c)(2)(B) Foreign Corrupt Practices - any agent or stockholder acting on behalf of issuer 1988 10,000 16,000 19,787
15 U.S.C. 78u-1(a)(3) Insider Trading - controlling person 1988 1,000,000 1,525,000 1,978,690
15 U.S.C. 78u-2 For natural person 1990 5,000 7,500 8,908
For any other person 1990 50,000 80,000 89,078
For natural person/fraud 1990 50,000 80,000 89,078
For any other person/fraud 1990 250,000 400,000 445,390
For natural person/substantial losses or risk of losses to others or gains to self 1990 100,000 160,000 178,156
For any other person/substantial losses or risk of losses to others or gain to self 1990 500,000 775,000 890,780
15 U.S.C. 78u(d)(3) For natural person 1990 5,000 7,500 8,908
For any other person 1990 50,000 80,000 89,078
For natural person/fraud 1990 50,000 80,000 89,078
For any other person/fraud 1990 250,000 400,000 445,390
For natural person/substantial losses or risk of losses to others 1990 100,000 160,000 178,156
For any other person/substantial losses or risk of losses to others 1990 500,000 775,000 890,780
15 U.S.C. 80a-9(d) For natural person 1990 5,000 7,500 8,908
For any other person 1990 50,000 80,000 89,078
For natural person/fraud 1990 50,000 80,000 89,078
For any other person/fraud 1990 250,000 400,000 445,390
For natural person/substantial losses or risk of losses to others or gains to self 1990 100,000 160,000 178,156
For any other person/substantial losses or risk of losses to others or gain to self 1990 500,000 775,000 890,780
15 U.S.C. 80a-41(e) For natural person 1990 5,000 7,500 8,908
For any other person 1990 50,000 80,000 89,078
For natural person/fraud 1990 50,000 80,000 89,078
For any other person/fraud 1990 250,000 400,000 445,390
For natural person/substantial losses or risk of losses to others 1990 100,000 160,000 178,156
For any other person/substantial losses or risk of losses to others 1990 500,000 775,000 890,780
15 U.S.C. 80b-3(i) For natural person 1990 5,000 7,500 8,908
For any other person 1990 50,000 80,000 89,078
For natural person/fraud 1990 50,000 80,000 89,078
For any other person/fraud 1990 250,000 400,000 445,390
For natural person/substantial losses or risk of losses to others or gains to self 1990 100,000 160,000 178,156
For any other person/substantial losses or risk of losses to others or gain to self 1990 500,000 775,000 890,780
15 U.S.C. 80b-9(e) For natural person 1990 5,000 7,500 8,908
For any other person 1990 50,000 80,000 89,078
For natural person/fraud 1990 50,000 80,000 89,078
For any other person/fraud 1990 250,000 400,000 445,390
For natural person/substantial losses or risk of losses to others 1990 100,000 160,000 178,156
For any other person/substantial losses or risk of losses to others 1990 500,000 775,000 890,780
15 U.S.C. 7215(c)(4)(D)(i) For natural person 2002 100,000 130,000 131,185
For any other person 2002 2,000,000 2,525,000 2,623,700
15 U.S.C. 7215(c)(4)(D)(ii) For natural person 2002 750,000 950,000 983,888
For any other person 2002 15,000,000 18,925,000 19,677,750

* Adjustments include any revisions by Congress in statute, or by the agency through regulation, other than pursuant to the Inflation Adjustment Act.

17 CFR 201.1001