Why do believe this was a just resolution of the offense

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Question: The SEC brought a civil case against May, alleging violations of Section 10(b) of the Exchange Act and Rule 10b-5. May consented to settle the matter and was forced to pay a disgorgement of $437,050 and a civil penalty of $437,050. May also agreed to be permanently enjoined from future violations of the Exchange Act.

Why do believe this was a just resolution of the offense?

 

Reference no: EM133393786

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