1
Q
What are the criminal penalties for officers if they fail to certify reports?
A
Knowingly: fined 1,000,000 or prison for no more than 10 years
Willfully: fined no more than 5 mil or imprisoned for no more than 20 years
2
Q
What is the difference between knowing and willfully?
A
knew about the fraud and willfully means you took part in the fraud.
ADV BLAW 2015
flashcards
Decks in class (24)
# Cards
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Chapter 5 Questions25
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Chapter 4 notes29
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Chapter 325
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Chapter 2: Partnership Concepts Formation and Operationships (Practice)16
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Chapter 2: Dissociation of a Partner and Partnership Termination9
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Chapter 2: Limited Liability Partnerships and Limited Partnership9
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Chapter 8: Agency Relationships7
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Chapter 8: Formation of the Agency Relationships14
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Chapter 8: Duties, Rights and Remedies of Agents and Principals9
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Chapter 7: The SEC and Securities Act of 19338
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Chapter 7: The Securities Exchange Act of 19349
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Chapter 7: State Securities Laws Corporate Governance and Online Securities Fraud6
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SSTS # 14
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SSTS # 2: Answers to questions on returns3
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SSTS # 3: Certain Procedural Aspects of Preparing Returns4
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SSTS # 4: Use of Estimates3
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SSTS # 5: Departure From a Position Previously Concluded in an Administrative Proceeding or Court Decision1
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SSTS # 6: Knowledge of Error: Return Preparation and Administrative Proceedings5
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SOX: Title 1 PCAOB26
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SOX: Title 25
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SOX: Title 34
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SOX: Title 45
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SOX: Title 86
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SOX Title 92
