SOX Section 906 — Corporate Responsibility for Financial Reports (Criminal Penalties)
Enforced by: SEC
Current as of July 30, 2002
Plain Language Summary
Criminal version of Section 302. Knowing violation: up to $1M fine / 10 years. Willful violation: up to $5M fine / 20 years. Signed with every 10-K and 10-Q filing.
Whoever certifies any statement knowing that the periodic report accompanying the statement does not comport with all the requirements set forth in this section shall be fined not more than $1,000,000 or imprisoned not more than 10 years, or both.
Whoever willfully certifies any statement knowing that the periodic report does not comport with all the requirements shall be fined not more than $5,000,000, or imprisoned not more than 20 years, or both.