The investigation is about potential violation of federal securities law, which would be a criminal offense. If there is sufficient evidence of such criminal vi

The investigation is about potential violation of federal securities law, which would be a criminal offense. If there is sufficient evidence of such criminal violation, the SEC will hand it over to the appropriate enforcement agency to prosecute it as a criminal case: > As an adjunct to the SEC's civil enforcement authority, the Division works closely with law enforcement agencies in the U.S. and around the world to bring criminal cases when appropriate. https://www.sec.gov/enforce/how-investigations-work.html https://www.sec.gov/enforce/how-investigations-work.html