StacksVerified U.S. regulatory reference

18 CFR §385.1504

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
  1. (a)Except as provided in paragraph (b) of this section, the Commission may assess a civil penalty of up to $28,618 for each day that the violation continues.
  2. (b)No civil penalty may be assessed where a license or exemption is ordered revoked.