Violation of any rule or regulation or order or directive of the commission, whether or not a penalty is fixed in the rules and regulations, or in such order or directive is punishable in the discretion of the commission by revocation or suspension of a license and exclusion from all racing enclosures under the jurisdiction of the commission. A violation by the holder of a track license in conducting a racing meeting may be punishable by revocation, suspension or denial of a future license or by fine.
N.Y. Comp. Codes R. & Regs. Tit. 9 § 4202.12