Enforcement by securities and exchange commission

(a) Authority The Securities and Exchange Commission shall have exclusive authority to enforce the provisions of this Act. (b) Penalties Any person found to have violated this Act shall be subject to: (1) A civil penalty not to exceed $250,000 per violation; or (2) An amount equal to the gross financial gain received, whichever is greater. (c) Injunctive relief The Commission may seek injunctive relief to prevent the issuance or further distribution of prohibited digital assets.