Despite the fact that penalties for violating the statute range from a punitive fine to lifetime imprisonment, reactions from Congress have remained rather mild.
Silver corroborated last week's court testimony by Shelly Sterling that she and the commissioner discussed reducing her husband's $2.5-million 2.5-millionfineme suspension from the NBandn exchange for his approvalifetime Ballmer deal.
Last month, Mr. Rattner agreed to pay $6.2 million to settle with the S.E.C., but he refused to settle with the New York attorney general, Andrew M. Cuomo, who sued Mr. Rattner, seeking a $26 million fine and a lifetime ban from the securities industry.
Mr. Rattner and Mr. Cuomo chose to settle the case on what some lawyers described as benign terms given the penalty of a $26 million fine and a lifetime ban from the securities industry that Mr. Cuomo originally sought.
Richard Strong Strong Capital Management founder settled, paying $60 million fine and accepting lifetime ban from securities industry, 2004.
Trophy Heads Jack Grubman Salomon Smith Barney telecom analyst agreed to pay $15 million fine and accept lifetime ban on work as investment adviser, 2003.
The culprit could face up to five years in prison, a $75,000 fine and a lifetime ban on owning animals, CTV reported.
Campbell Scott's "Hamlet," the finest of my lifetime.
(The production of the play was considered, by Beckett not least of all, one of the finest during his lifetime).
Usually when we're at clubs, it's a blur of booze and booty-shakin', but in the daytime, the oft-unnoticed things that make or break the clubbing experience are more readily evident, and Lyons has spent a lifetime fine-tuning the details that allow you to run amok in ignorant bliss.
