Willful violations of the Securities Act of 1933 are subject to a fine of not more than __________ and/or imprisonment of not more than __________ or both.
A) $5,000, one year.
B) $10,000, five years.
C) $100,000, five years.
D) $250,000, ten years.

Question

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Willful violations of the Securities Act of 1933 can result in a fine of not more than $10,000 and/or imprisonment of not more than five years, or both, showcasing the serious penalties for non-compliance with this foundational piece of financial legislation.

Willful Violations of the Securities Act of 1933 Are Subject