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> The SEC asked the U.S. District Court of the Southern District of New York to permanently bar him from acting as an officer at a company that issues securities, to disgorge all ill-gotten gains and pay a fine

Prison? Where is the prison part?



Sentence before:

> The Securities and Exchange Commission > also < filed civil securities fraud charges against Milton on Thursday.

The SEC is not involved in criminal proceedings which could result in prison or other criminal penalties, so no point looking for that in the parts of the article that discuss the civil actions of the SEC.


These are “civil” matters. You don’t get pepper sprayed for financial crimes, or environmental crimes, or wage theft, or…




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