Pub. L. 107-204, tit. XI, sec. 1106
INCREASED CRIMINAL PENALTIES UNDER SECURITIES EXCHANGE ACT OF 1934.
SEC. 1106. INCREASED CRIMINAL PENALTIES UNDER SECURITIES EXCHANGE ACT OF 1934. Section 32(a) of the Securities Exchange Act of 1934 (15 U.S.C. 78ff(a)) is amended— (1) by striking “$1,000,000, or imprisoned not more than 10 years” and inserting “$5,000,000, or imprisoned not more than 20 years”; and (2) by striking “$2,500,000” and inserting “$25,000,000”.