6.10.403    SANCTIONS AGAINST FRAUDULENT FOREIGN SECURITIES AND THEIR DEALERS

(1) The commissioner may by order revoke or suspend any foreign security exemption with respect to any such security or the use of such exemption by any dealer if he finds that the further sale in this state of such security, or sales by a broker-dealer, would work, or tend to work, a fraud or deceit on purchasers or prospective purchasers.

History: 30-10-104, MCA; IMP, 30-10-104, 30-10-107, MCA; NEW, 1994 MAR p. 569, Eff. 3/18/94; TRANS, from ARM 6.10.132, 2008 MAR p. 2046, Eff. 9/26/08.