[Code of Federal Regulations]
[Title 17, Volume 1]
[Revised as of April 1, 2007]
From the U.S. Government Printing Office via GPO Access
[CITE: 17CFR143.8]

[Page 517-518]
 
              TITLE 17--COMMODITY AND SECURITIES EXCHANGES
 
             CHAPTER I--COMMODITY FUTURES TRADING COMMISSION
 
PART 143_COLLECTION OF CLAIMS OWED THE UNITED STATES ARISING FROM ACTIVITIES 
 
                      Subpart A_General Provisions
 
Sec.  143.8  Inflation-adjusted civil monetary penalties.

    (a) Unless otherwise amended by an act of Congress, the inflation-
adjusted maximum civil monetary penalty for each violation of the 
Commodity Exchange Act or the rules or orders promulgated thereunder 
that may be assessed or enforced by the Commission under the Commodity 
Exchange Act pursuant to an administrative proceeding or a civil action 
in Federal court will be:
    (1) For each violation for which a civil monetary penalty is 
assessed against any person (other than a registered entity) pursuant to 
Section 6(c) of the Commodity Exchange Act, 7 U.S.C. 9:
    (i) For violations committed between November 27, 1996 and October 
22, 2000, not more than the greater of $110,000 or triple the monetary 
gain to such person for each such violation;
    (ii) For violations committed between October 23, 2000 and October 
22, 2004, not more than the greater of $120,000 or triple the monetary 
gain to such person for each such violation; and
    (iii) For violations committed on or after October 23, 2004, not 
more than the greater of $130,000 or triple the monetary gain to such 
person for each such violation;
    (2) For each violation for which a civil monetary penalty is 
assessed against any registered entity or other person pursuant to 
Section 6c of the Commodity Exchange Act, 7 U.S.C. 13a-1:
    (i) For violations committed between November 27, 1996 and October 
22, 2000, not more than the greater of $110,000 or triple the monetary 
gain to such person for each such violation;
    (ii) For violations committed between October 23, 2000 and October 
22, 2004, not more than the greater of $120,000 or triple the monetary 
gain to such person for each such violation; and
    (iii) For violations committed on or after October 23, 2004, not 
more than the greater of $130,000 or triple the monetary gain to such 
person for each such violation; and
    (3) For each violation for which a civil monetary penalty is 
assessed against any registered entity or any director, officer, agent, 
or employee of any registered entity pursuant to Section 6b of the 
Commodity Exchange Act, 7 U.S.C. 13a:
    (i) For violations committed between November 27, 1996 and October 
22, 2000, not more than $550,000 for each such violation;
    (ii) For violations committed between October 23, 2000 and October 
22, 2004, not more than $575,000 for each such violation; and

[[Page 518]]

    (iii) For violations committed on or after October 23, 2004, not 
more than $625,000 for each such violation.
    (b) The Commission will adjust for inflation the maximum penalties 
set forth in this section at least once every four years.
    (c) Unless otherwise amended by an act of Congress, the penalties 
set forth in this section or any penalty adjusted for inflation in the 
future pursuant to paragraph (b) of this section shall be applicable 
only to violations of the Commodity Exchange Act, Commission rules, or 
Commission orders which occur after the date on which such future 
inflation adjustments become effective.

[61 FR 55566, Oct. 28, 1996, as amended at 65 FR 45711, July 25, 2000; 
69 FR 52995, Aug. 31, 2004]