# 5 C.F.R. § 2634.702 (2026): Breaches by trust fiduciaries and interested parties

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/CFR_T5_P2634_S2634_702

## Section

- **Citation:** 5 C.F.R. § 2634.702 (2026)
- **Heading:** Breaches by trust fiduciaries and interested parties
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** 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]

## Nearby sections

- [5 C.F.R. § 2634.701 (2026) § 2634.701   Failure to file or falsifying reports.](https://www.frixlaw.com/law-library/statutes/CFR_T5_P2634_S2634_701.md)
- [5 C.F.R. § 2634.702 (2026) § 2634.702   Breaches by trust fiduciaries and interested parties.](https://www.frixlaw.com/law-library/statutes/CFR_T5_P2634_S2634_702.md)
- [5 C.F.R. § 2634.703 (2026) § 2634.703   Misuse of public reports.](https://www.frixlaw.com/law-library/statutes/CFR_T5_P2634_S2634_703.md)
- [5 C.F.R. § 2634.704 (2026) § 2634.704   Late filing fee.](https://www.frixlaw.com/law-library/statutes/CFR_T5_P2634_S2634_704.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/CFR_T5_P2634_S2634_702. Check the current official text before relying on it. Not legal advice.