In this lesson, we’ll learn about how violations of federal securities laws may subject violators and their employers to civil or even criminal actions by the SEC and the U.S. Department of Justice, or DOJ.

I. Public Enforcement

Violations of federal securities laws and SEC regulations, and, in some cases, the rules of SROs, may subject violators and their employers to civil, or even criminal, charges by the SEC or DOJ.

Employers have strict liability under the respondeat superior doctrine...