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Republic of the Philippines Department of Finance SECURITIES AND EXCHANGE COMMISSION SEC Bldg. EDSA, Greenhills, Mandaluyong City EXPOSURE DRAFT OF THE CONSOLIDATED SCALE OF FINES AND PENALTIES The.

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The amount of the financial penalty the SEC can request is governed by three tiers of potential penalties. The first tier authorizes the SEC to seek up to $5,000 in an action against an individual, up to $50,000 from a corporation, or the “gross amount of pecuniary gain” to a defendant as a result of the violation.

In fiscal year 2022, the SEC recovered its highest recorded sum of monetary penalties—US$6.4 billion in civil penalties, disgorgement and prejudgment interest.

The Division of Enforcement ("Division") administers the Securities and Exchange Commission's Enforcement Program. The Division is responsible for detecting and investigating a wide range of potential violations of the federal securities laws and regulations.

Over at the SEC, a spokesperson said the agency can allocate civil penalties to one of three places: the general fund at the U.S. Treasury, the Treasury's Investor Protection Fund (which is used to help fund awards granted to whistleblowers), or another separate fund used to repay harmed investors.

The money from Tennessee's $100,000 fine will be deposited into the SEC Post-Graduate Scholarship Fund.

19 The SEC is accountable to Congress as it operates under the authority of federal laws including the Securities Act of 1933, the Securities Exchange Act of 1934, the Investment Company Act of 1940, the Investment Advisers Act of 1940, and the Sarbanes-Oxley Act of 2002 (Sarbanes-Oxley Act), among others.

An all-encompassing fine of PHP5,000 will be charged for all such violations, in lieu of the usual fines and penalties imposed by the commission. The rates will apply provided that the corporation or entity will submit the latest reportorial requirement due at the time of the application, and comply with MC 28.

In fiscal year 2022, the SEC recovered its highest recorded sum of monetary penalties—US$6.4 billion in civil penalties, disgorgement and prejudgment interest.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232