Cohen will pay a civil penalty of $985,320 to settle the charges. This amounts to a daily civil penalty of approximately $927 for the nearly three-year span between the date Cohen acquired Wells Fargo voting securities in excess of the HSR thresholds and the date the HSR waiting period expired for his corrective filing. The current maximum civil penalty for HSR Act violations is $51,744 per day. [1] See, e.g., "Investment-Only Means Just That," FTC Blog Post (Aug. 24, 2015); United States v. Fayez Sarofim (Oct. 27, 2016); United States v. VA Partners I, LLC (Apr. 4, 2016). [2] See, e.g., United States v. Biglari Holdings Inc. (Dec. 22, 2021); United States v. Richard Fairbank (September 2, 2021); United States v. Third Point Offshore Fund, Ltd. (Aug. 28, 2019). [3] 16 C.F.R. § 802.9. [4] Complaint at 5.