Civil monetary penalty

A civil monetary penalty is a punitive fine imposed by a regulator or court, distinct from disgorgement of gains. Statutory tiers cap the amount per violation, so large aggregate penalties usually reflect many counted violations.

law and enforcement · updated 2026-11-06

See also

• Disgorgement — Disgorgement is an order to give up gains obtained from unlawful conduct. It is remedial rather than punitive, which is why it is …
• Penalty tiers — US securities and commodities statutes set maximum penalties in tiers keyed to the seriousness of the violation and whether it cau…

Terms that refer here

Aggregation · Disgorgement · Penalty tiers · Prejudgment interest

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