Posted by: Madman2004 In reply to: Madman2004 who wrote msg# 993 Date:11/8/2007 11:54:02 PM Post #of 1080
The Commission is authorized, by order, as it deems necessary or appropriate for the protection of investors to deny, to suspend the effective date of, to suspend for a period not exceeding twelve months, or to revoke the registration of a security, if the Commission finds, on the record after notice and opportunity for hearing, that the issuer of such security has failed to comply with any provision of this title or the rules and regulations thereunder.