[§485A-604.5]  Additional
administrative penalties for securities violations committed against elders. 
If a person commits a violation under this chapter and the violation is
directed toward, targets, or is committed against a person who at the time of the
violation is sixty-two years of age or older, the commissioner, in addition to
any other administrative penalty, may impose an administrative penalty not to
exceed $50,000 for each violation; provided that this section shall not apply
to registered broker-dealers for violations of [section] 485A-412(d)(9). [L
2007, c 95, pt of §2]



 



Cross References



 



  Some other actions or penalties for violations committed
against elders, see §§28-94, 412:3-114.5, 444-10.7, 454-4.5, 480-13, 480-13.5,
485A-603.5, and 487-14.