---
kind: "section"
citation: "15 C.F.R. § 231.106"
title: "15"
number: "231.106"
heading: "Knowingly."
url: "https://uscodex.org/cfr/15/231.106"
---

# §231.106. Knowingly.


Knowingly means acting with knowledge that a circumstance exists or is substantially certain to occur, or with an awareness of a high probability of its existence or future occurrence. Such awareness can be inferred from evidence of the conscious disregard of facts known to a person or of a person's willful avoidance of facts.


## Notes

### Authority

Authority: 15 U.S.C. 4651, et seq.

### Source

Source: 88 FR 61614, Sept. 25, 2023, unless otherwise noted.