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    Business Law Study Set 4
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    Exam 45: Securities Regulation
  5. Question
    The Maximum Penalty for Any Person Who Willfully Violates the Securities
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The Maximum Penalty for Any Person Who Willfully Violates the Securities

Question 19

Question 19

True/False

The maximum penalty for any person who willfully violates the Securities Act of 1933 or its rules and regulations is a $20,000 fine and 10 years' imprisonment.

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