Criminal Liability of Corporate Officers

Under Section 807 of The Sarbanes-Oxley Act of 2002 (Act),1 any person who knowingly commits securities fraud is subject to a hefty fine, a prison term of up to 25 years, or both. Section 807 does not criminalize securities laws violations for the first time; however, it does combine several existing laws so as to facilitate and streamline federal prosecutions. Section 807 does impose significantly harsher criminal penalties than the penalties prescribed under prior laws.

Consumer Law

(Proper Disposal of Consumer Information)

Securities Law> Additional Offerings, Disclosure & the Securities Exchange Act of 1934> Issuer Reports & Recordkeeping

(Fair Disclosure Requirements for Public Companies)

Initial Public Offerings & the Securities Act of 1933

An Introduction to the Securities Act of 1933

Securities Law> Additional Offerings, Disclosure & the Securities Exchange Act of 1934> Proxies

(Shareholder Proxy Solicitation Rules)