; or (cc) knowingly provided any false attestation or information under clause (iii). (II) Information The Secretary, after the performance of the criminal record and other background checks described in clause (iii), shall notify a regional center, new commercial enterprise, or job-creating entity whether any person involved with such entities is not in compliance with clause (i) or (ii). If, 30 days after receiving such notification, the regional center, new commercial enterprise, or job-creating entity, as the case may be, fails to discontinue the prohibited person’s involvement with the regional center, new commercial enterprise, or job-creating entity, as applicable, the regional center, new commercial enterprise, or job-creating entity shall be deemed to have knowledge under subclause (I)(aa) that such person is in violation of clause (i) or (ii). (v) Persons involved with a regional center, new commercial enterprise, or job-creating entity For the purposes of this subparagraph, a person is considered to be involved with a regional center, a new commercial enterprise, any affiliated job-creating entity, or other job-creating entity, as applicable, if he or she is, directly or indirectly, an owner or in a position of substantive authority to make operational or managerial decisions over pooling, securitization, investment, release, acceptance, or control of any funding that was procured pursuant to subparagraph (H). An individual may be in a position of substantive authority if he or she serves as a principal, representative, administrator, owner, officer, board member, manager, executive, general partner, fiduciary, or in a similar position at the regional center, new commercial enterprise, any affiliated job-creating entity, or other job-creating entity, respectively. (L) Compliance with securities laws (i) Jurisdiction (I) In general The United States has jurisdiction over the purchase or sale of any security offered or sold by any regional center or any party associated with a regional center for