# § 2070. Criminal penalties
**(a)** Violation of section 2068 of this title is punishable by—
**(1)** imprisonment for not more than 5 years for a knowing and willful violation of that section;
**(2)** a fine determined under section 3571 of title 18; or
**(3)** both.
**(b)** Any individual director, officer, or agent of a corporation who knowingly and willfully authorizes, orders, or performs any of the acts or practices constituting in whole or in part a violation of section 2068 of this title shall be subject to penalties under this section without regard to any penalties to which that corporation may be subject under subsection (a).
**(c)**
**(1)** In addition to the penalties provided by subsection (a), the penalty for a criminal violation of this chapter or any other Act enforced by the Commission may include the forfeiture of assets associated with the violation.
**(2)** In this subsection, the term “criminal violation” means a violation of this chapter or any other Act enforced by the Commission for which the violator is sentenced to pay a fine, be imprisoned, or both.
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**Source Credit**: (Pub. L. 92–573, § 21, Oct. 27, 1972, 86 Stat. 1225; Pub. L. 110–314, title II, § 217(c)(1), (2), (d), Aug. 14, 2008, 122 Stat. 3060.)
## Editorial Notes
### Amendments
2008—Subsec. (a). , amended subsec. (a) generally. Prior to amendment, subsec. (a) read as follows: “Any person who knowingly and willfully violates after having received notice of noncompliance from the Commission shall be fined not more than $50,000 or be imprisoned not more than one year, or both.”
Subsec. (b). , struck out “, and who has knowledge of notice of noncompliance received by the corporation from the Commission,” after “”.
Subsec. (c). , added subsec. (c).
## Statutory Notes and Related Subsidiaries
### Effective Date
Section effective on the sixtieth day following , see , set out as a note under .