The CEO and the CFO must certify all financial statements filed with the SEC. The maximum PENALTY for SECURITIES Exchange Act violations has increased to $5 million for individuals and $25 million for entities, as well as imprisonment of up to 20 YEARS.

Section 802 of Sarbanes-Oxley states, "Whoever knowingly alters, destroys, mutilates, conceals, covers up, falsifies, or makes a false entry in any records, documents, or tangible object with the intent to impede, obstruct, or INFLUENCE the investigation or proper administration of any department or agency of the U.S. ... or contemplation of any such matter or case, shall be fined ... imprisoned not more than 20 years, or both."

The CEO and the CFO must certify all financial statements filed with the SEC. The maximum penalty for Securities Exchange Act violations has increased to $5 million for individuals and $25 million for entities, as well as imprisonment of up to 20 years.

Section 802 of Sarbanes-Oxley states, "Whoever knowingly alters, destroys, mutilates, conceals, covers up, falsifies, or makes a false entry in any records, documents, or tangible object with the intent to impede, obstruct, or influence the investigation or proper administration of any department or agency of the U.S. ... or contemplation of any such matter or case, shall be fined ... imprisoned not more than 20 years, or both."