Ill. Admin. Code tit. 14 § 130.1128

Current through Register Vol. 48, No. 25, June 21, 2024

Section 130.1128 - Imposition of Fines

a) The fines allowed by Section 11(E)(4) of the Act may be imposed in cases where the imposition of a suspension or revocation of the registration of any securities registered under Sections 5, 6 or 7 of the Act or of a respondent's registration under Section 8 of the Act would create an undue burden on the respondent in light of the nature of the violation or violations; where the respondent has been enriched unjustly; when the violation or violations of the respondent are egregious or repetitive or involve many people.

b) The imposition of fines is not limited to the above described situations.

Ill. Admin. Code tit. 14, § 130.1128

Added at 14 Ill. Reg. 5188, effective March 26, 1990