§710.1. Commissioner of securities; power to assess civil monetary penalties
The commissioner, upon notice of opportunity for hearing as provided for in R.S.
51:716, has the right to assess a civil monetary penalty against any issuer, broker-dealer,
agent, investment adviser or investment adviser representative, or any other person who
violates this Part or any rule, regulation, or order of the commissioner, up to a maximum of
five thousand dollars per violation, plus the costs of investigation and prosecution.
Acts 2006, No. 361, §1, eff. June 13, 2006; Acts 2018, No. 73, §1, eff. May 10, 2018.