Requirement (SOX)
Section 904. Criminal penalties for violations of the employee
Requirements SOX
Description
Description
Section 501 of the Employee Retirement Income Security Act
of 1974 (29 U.S.C. 1131) is amended—
(1) by striking ‘‘$5,000’’ and inserting ‘‘$100,000’’;
(2) by striking ‘‘one year’’ and inserting ‘‘10 years’’; and
(3) by striking ‘‘$100,000’’ and inserting ‘‘$500,000’’.