View all text of Chapter 2 B- 1 [§ 78aaa - § 78lll]
§ 78jjj. Prohibited acts
(a) Failure to pay assessment, etc.
(b) Engaging in business after appointment of trustee or initiation of direct payment procedure
(c) Concealment of assets; false statements or claims
(1) Specific prohibited acts
(A) employs any device, scheme, or artifice to defraud;
(B) engages in any act, practice, or course of business which operates or would operate as a fraud or deceit upon any person; or
(C) fraudulently or with intent to defeat this chapter—
(i) conceals or transfers any property belonging to the estate of a debtor;
(ii) makes a false statement or account;
(iii) presents or uses any false claim for proof against the estate of a debtor;
(iv) receives any material amount of property from a debtor;
(v) gives, offers, receives, transfers, or obtains any money or property, remuneration, compensation, reward, advantage, other consideration, or promise thereof, for acting or forebearing to act;
(vi) conceals, destroys, mutilates, falsifies, makes a false entry in, or otherwise falsifies any document affecting or relating to the property or affairs of a debtor; or
(vii) withholds, from any person entitled to its possession, any document affecting or relating to the property or affairs of a debtor,
shall be fined not more than $250,000 or imprisoned for not more than five years, or both.
(2) Fraudulent conversion
(d) Misrepresentation of SIPC membership or protection
(1) In general
(2) Injunctions
(Pub. L. 91–598, § 14, formerly § 10, Dec. 30, 1970, 84 Stat. 1655; renumbered § 14 and amended Pub. L. 95–283, §§ 9, 13, May 21, 1978, 92 Stat. 260, 269; Pub. L. 111–203, title IX, § 929V(b), (c), July 21, 2010, 124 Stat. 1868.)