Minimum statutory penalty introduced for securities law contraventions, establishing a prescribed floor while retaining an upper ceiling. Amendment establishes a statutory floor while preserving the existing ceiling for monetary sanctions under the securities contracts statute by substituting prior wording that specified only an upper limit with language creating a defined penalty range, thereby altering the penalty structure for contraventions.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Minimum statutory penalty introduced for securities law contraventions, establishing a prescribed floor while retaining an upper ceiling.
Amendment establishes a statutory floor while preserving the existing ceiling for monetary sanctions under the securities contracts statute by substituting prior wording that specified only an upper limit with language creating a defined penalty range, thereby altering the penalty structure for contraventions.
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