§ 2634.702 Breaches by trust fiduciaries and interested parties.
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Title 5 CFR: Administrative Personnel › Chapter XVI: OFFICE OF GOVERNMENT ETHICS › Part 2634: EXECUTIVE BRANCH FINANCIAL DISCLOSURE, QUALIFIED TRUSTS, AND CERTIFICATES OF DIVESTITURE › Subpart G: Penalties › § 2634.702: § 2634.702 Breaches by trust fiduciaries and interested parties.
Text
(a) The Attorney General may bring a civil action in any appropriate United States district court against any individual who knowingly and willfully violates the provisions of § 2634.408(d)(1) or (e)(1). The court in which the action is brought may assess against the individual a civil monetary penalty in any amount, not to exceed the amounts set forth in table 1 to this paragraph (a), as provided by section 5 U.S.C. 13104(f)(6)(C)(i) and as adjusted in accordance with the inflation adjustment procedures prescribed in the Federal Civil Penalties Inflation Adjustment Act of 1990, as amended.
Table 1 to § 2634.702(
a
)
Date of violation
Penalty
Violation occurring between Sept. 29, 1999 and Nov. 2, 2015
$11,000
Violation occurring after Nov. 2, 2015
25,132
(b) The Attorney General may bring a civil action in any appropriate United States district court against any individual who negligently violates the provisions of § 2634.408(d)(1) or (e)(1). The court in which the action is brought may assess against the individual a civil monetary penalty in any amount, not to exceed the amounts set forth in table 2 to this paragraph (b), as provided by 5 U.S.C. 13104(f)(6)(C)(ii) and as adjusted in accordance with the inflation adjustment procedures of the Federal Civil Penalties Inflation Adjustment Act of 1990, as amended.
Table 2 to § 2634.702(
b
)
Date of violation
Penalty
Violation occurring between Sept. 29, 1999 and Nov. 2, 2015
$5,500
Violation occurring after Nov. 2, 2015
12,567
[90 FR 3611, Jan. 15, 2025]
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