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Under the 1934 act, a business organization found guilty of filing false or misleading documents with the securities and exchange commission (sec) may be fined up to _____

group of answer choices
A. $70,000,000.
B. $55,000,000.
C. $25,000,000.
D. $50,000,000.
E. $80,000,000.

1 Answer

4 votes

Final answer:

The given options do not accurately represent the current maximum fines that can be imposed for filing false or misleading documents with the SEC. For exact penalties, refer to the latest SEC regulations and enforcement actions.

Step-by-step explanation:

The Securities Exchange Act of 1934 sets forth the regulations for disclosures and processes that business organizations must follow. In instances where a company is found guilty of filing false or misleading documents with the Securities and Exchange Commission (SEC), penalties can be imposed as a means to sustain the integrity of the financial markets and protect investors.

As for the fines related to such violations, they can be substantial, however, the options provided in the question do not accurately represent the current maximum fines under the Act. It is essential to refer to the latest SEC regulations and enforcement actions for the most up-to-date information on penalties, as these values can change over time. Penalties can vary based on factors such as the severity of the offense, the size of the company, and any prior history of similar offenses.

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