Sarbanes Oxley Act Title XI - Section 1106

Sarbanes Oxley Act

Section 1106

Increased Criminal Penalties Under Securities Exchange Act Of 1934

    Section 32(a) of the Securities Exchange Act of 1934 (15 U.S.C. 78ff(a)) 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’’.

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