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Which of the Following Is Correct About the Sanctions and Penalties

Question 10

Multiple Choice

Which of the following is correct about the sanctions and penalties under the 1934 Act,as amended?


A) Individuals may not be imprisoned for violation of the 1934 Act.
B) For individuals,conviction may carry a fine of up to $5 million.
C) A defendant who proves she was ignorant of a rule can still be imprisoned.
D) A corporation may be fined not more than $10 million.

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