on evasion and circumvention Any transaction or other device entered into or employed for the purpose of, or with the effect of, evading or circumventing this Act is prohibited. (b) Injunction Whenever it appears to the Attorney General that any person is engaged in, or is about to engage in, any act that constitutes, or would constitute, a violation of this Act, the Attorney General may initiate civil action in a district court of the United States to enjoin such violation. (c) Penalties (1) Material misstatement or omission Any person who submits a report with a material misstatement or omission or makes a false certification under this Act may be liable to the United States for a civil penalty not to exceed $250,000 per violation. The amount of the penalty imposed for a violation shall be based on the nature of the violation. (2) Violations (A) In general Any person who fails to comply with the requirements of this Act may be liable to the United States for a civil penalty not to exceed the greater of $250,000 or the value of the transaction. (B) Amount The amount of a penalty imposed for a violation shall be based on the nature of the violation. (3) Determination and notice of penalty A determination to impose penalties under paragraph (1) or (2) shall be made by CFIUS. Notice of the penalty, including a written explanation of the conduct to be penalized and the amount of the penalty, shall be sent to the subject person electronically and by U.S. mail or courier service. Notice shall be deemed to have been effected by the earlier of the date of electronic transmission and the date of receipt of U.S. mail or courier service. (4) Petition for reconsideration Upon receiving notice of a penalty to be imposed under paragraph (1) or (2), the subject person may, within 15 business days of receipt of such notice, submit a petition for reconsideration to the Staff Chairperson, including a defense, justification, or explanation for the conduct to be penalized. CFIUS shall review the petition and issue any final