2025-00513. Adjustments to Civil Monetary Penalty Amounts

U.S. code citation	Civil monetary penalty description	2024 Adjustment penalty amounts	CPI-U multiplier	2025 Adjusted penalty amounts
15 U.S.C. 77h-1(g) (Securities Act Sec. 8A(g))	For natural person For any other person For natural person/fraud For any other person/fraud	$10,550 105,505 105,505 527,522	1.02598 1.02598 1.02598 1.02598	$10,824 108,246 108,246 541,227
	For natural person/fraud/substantial losses or risk of losses to others or gains to self	211,009	1.02598	216.491
	For any other person/fraud/substantial losses or risk of losses to others or gain to self	1,019,877	1.02598	1,046,373
15 U.S.C. 77t(d) (Securities Act Sec. 20(d))	For natural person	11,524	1.02598	11,823
	For any other person For natural person/fraud For any other person/fraud	115,231 115,231 576,158	1.02598 1.02598 1.02598	118,225 118,225 591,127
	For natural person/fraud/substantial losses or risk of losses to others	230,464	1.02598	236,451
	For any other person/fraud/substantial losses or risk of losses to others	1,152,314	1.02598	1,182,251
15 U.S.C. 78u(d)(3) (Exchange Act Sec. 21(d)(3))	For natural person For any other person For natural person/fraud	11,524 115,231 115,231	1.02598 1.02598 1.02598	11,823 118,225 118,225
	For any other person/fraud	576,158	1.02598	591,127
	For natural person/fraud/substantial losses or risk of losses to others or gains to self	230,464	1.02598	236,451
	For any other person/fraud/substantial losses or risk of losses to others or gain to self	1,152,314	1.02598	1,182,251
15 U.S.C. 78u-1(a)(3) (Exchange Act Sec. 21A(a)(3))	Insider Trading—controlling person	2,559,636	1.02598	2,626,135
15 U.S.C. 78u-2 (Exchange Act Sec. 21B)	For natural person For any other person For natural person/fraud	11,524 115,231 115,231	1.02598 1.02598 1.02598	11,823 118,225 118,225
	For any other person/fraud	576,158	1.02598	591,127
	For natural person/fraud/substantial losses or risk of losses to others	230,464	1.02598	236,451
	For any other person/fraud/substantial losses or risk of losses to others	1,152,314	1.02598	1,182,251
15 U.S.C. 78ff(b) (Exchange Act Sec. 32(b))	Exchange Act/failure to file information documents, reports	680	1.02598	698
15 U.S.C. 78ff(c)(1)(B) (Exchange Act Sec. 32(c)(1)(B))	Foreign Corrupt Practices—any issuer	25,597	1.02598	26,262
15 U.S.C. 78ff(c)(2)(B) (Exchange Act Sec. 32(c)(2)(B))	Foreign Corrupt Practices—any agent or stockholder acting on behalf of issuer	25,597	1.02598	26,262
15 U.S.C. 80a-9(d) (Investment Company Act Sec. 9(d))	For natural person For any other person For natural person/fraud For any other person/fraud	11,524 115,231 115,231 576,158	1.02598 1.02598 1.02598 1.02598	11,823 118,225 118,225 591,127
	For natural person/fraud/substantial losses or risk of losses to others or gains to self	230,464	1.02598	236,451
	For any other person/fraud/substantial losses or risk of losses to others or gain to self	1,152,314	1.02598	1,182,251
15 U.S.C. 80a-41(e) (Investment Company Act Sec. 42(e))	For natural person For any other person For natural person/fraud	11,524 115,231 115,231	1.02598 1.02598 1.02598	11,823 118,225 118,225
	For any other person/fraud	576,158	1.02598	591,127
	For natural person/fraud/substantial losses or risk of losses to others	230,464	1.02598	236,451
	For any other person/fraud/substantial losses or risk of losses to others	1,152,314	1.02598	1,182,251
15 U.S.C. 80b-3(i) (Investment Advisers Act Sec. 203(i))	For natural person For any other person For natural person/fraud	11,524 115,231 115,231	1.02598 1.02598 1.02598	11,823 118,225 118,225
	For any other person/fraud	576,158	1.02598	591,127
	For natural person/fraud/substantial losses or risk of losses to others or gains to self	230,464	1.02598	236,451
	For any other person/fraud/substantial losses or risk of losses to others or gain to self	1,152,314	1.02598	1,182,251
15 U.S.C. 80b-9(e) (Investment Advisers Act Sec. 209(e))	For natural person For any other person For natural person/fraud	11,524 115,231 115,231	1.02598 1.02598 1.02598	11,823 118,225 118,225
	For any other person/fraud	576,158	1.02598	591,127
	For natural person/fraud/substantial losses or risk of losses to others	230,464	1.02598	236,451
	For any other person/fraud/substantial losses or risk of losses to others	1,152,314	1.02598	1,182,251
15 U.S.C. 7215(c)(4)(D)(i) (Sarbanes-Oxley Act Sec. 105(c)(4)(D)(i))	For natural person For any other person	169,700 3,394,024	1.02598 1.02598	174,109 3,482,201
15 U.S.C. 7215(c)(4)(D)(ii) (Sarbanes-Oxley Act Sec. 105(c)(4)(D)(ii))	For natural person For any other person	1,272,758 25,455,170	1.02598 1.02598	1,305,824 26,116,495