4 ms·
No, but it can file cases with the courts, and courts can issue arrest warrants for contempt and failure to appear for a summons.
by GauntletWizard 4y ago
No, but it can file cases with the courts, and courts can issue arrest warrants for contempt and failure to appear for a summons.
- kjs3 4y ago"SEC investigations are civil, not criminal. The SEC can charge individuals and entities for violating the federal securities laws and seek remedies such as monetary penalties, disgorgement of ill-gotten gains, injunctions, and restrictions on an individual’s ability to work in the securities industry or to serve as an officer or director of a public company, but the SEC cannot put people in jail. Enforcement may refer potential criminal cases to criminal law enforcement authorities for investigation or coordinate SEC investigations with criminal investigations involving the same conduct. If a person is convicted of a criminal violation of the securities laws, a court may sentence that person to serve time in jail." Source: https://www.sec.gov/oiea/investor-alerts-bulletins/ib_investigations https://www.sec.gov/oiea/investor-alerts-bulletins/ib_invest...