44-1971. Initiation of hearing; purpose of
hearing


Hearings may be ordered by the commission on the commission's own initiative or at
the written request of any interested person:


1. For the purpose of administering or obtaining information necessary in the
enforcement of this chapter or the rules, regulations or orders of the commission
thereunder.


2. To enable the commission to take appropriate action in connection with any
pending application for registration of any securities, dealer or salesman.


3. To modify the terms and conditions of any registration.


4. To determine whether the registration of any securities or of any dealer or
salesman should be denied, suspended or revoked.