Interim Final Rule
Adjustments to Civil Monetary Penalty Amounts
Overview
The Securities and Exchange Commission (the "Commission') is adopting an interim final rule to implement the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015, which amended the Federal Civil Penalties Inflation Adjustment Act of 1990, as previously amended by the Debt Collection Improvement Act of 1996. This interim final rule adjusts for inflation the maximum amount of civil monetary penalties under the Securities Act of 1933, the Securities Exchange Act of 1934, the Investment Company Act of 1940, the Investment Advisers Act of 1940, and certain penalties under the Sarbanes-Oxley Act of 2002.
Resources
Details
File Number
S7-11-16
Rule Type
Interim Final
Release Number
33-10104
SEC Issue Date
June 27, 2016
Effective Date
August 1, 2016
Federal Register Publish Date
July 1, 2016
Document Citation
81 FR 43042
RIN
3235-AL94
Public Comments