The Securities and Exchange Commission has announced settlements with former U.S. representative Chris Collins, his son Cameron Collins, and Stephen Zarsky, all of whom were charged with insider trading and pleaded guilty to related criminal charges.

The settlements are still subject to court approval.

They forbid the former U.S. rep from serving as an officer or director of a public company.

The other two, his son and Zarsky, will be required to hand over the losses they avoided because of their insider trading, which is nearly $800,000 combined.

Back in the beginning of October, Collins pleaded guilty right after resigning his 27th congressional district seat.

He says he broke the law to help his son avoid hundreds of thousands of dollars in losses in the stock market, and then lied to the FBI to cover it up.

His son Cameron is accused of tipping off his future father-in-law, Zarsky, who also unloaded his shares before the stock plummeted.

Chris Collins pleaded guilty to conspiracy to commit securities fraud and making false statements.

Both charges carry a maximum of five years in prison when he's sentenced in January.