Criminal Liability Under the 1933 Act

The video explains the roles of the Securities and Exchange Commission (SEC) in bringing civil and criminal actions. It highlights the SEC's ability to initiate civil actions under sections 17, 11, and 12 for fraudulent actions and negligence. Additionally, it discusses how the SEC can collaborate with the Department of Justice (DOJ) under Section 24 to bring criminal charges for intentional violations of securities laws, especially in cases involving deceit or fraud.

What constitutes a knowing and intentional violation of securities law?

How does deceit or fraudulent intent affect the actions taken by the government?