Under Securities Law, Knowingly Making a Misstatement in Company Reports

Under securities law, knowingly making a misstatement in company reports is a:

A) criminal offense with fines up to $5 million and up to 20 years in prison
B) criminal offense with fines up to $2 million, but no possibility of prison time
C) criminal offense with fines up to $5 million, but no possibility of prison time
D) criminal offense with up to 20 years in prison, but no possibility of fines
E) criminal offense with up to 30 years in prison and $4 million in fines

Correct Answer:

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