Series 66

Remedies and Administrative Procedures - Introduction

Each state has an Administrator, who has certain jurisdiction and powers related to the offer and sale of securities in his or her state. Generally, an Administrator will simply issue a cease and desist order if he or she finds a problem. However, the Administrator can also have a court order an injunction or deny, revoke or suspend registration. The following section outlines an Administrator's ability to regulate - that is, the enforcement aspect of the USA.



comments powered by Disqus
Trading Center