Penalty assessment factors: disproportionate gain, investor loss, and repetitive defaults guide penalty quantum. The Board or the adjudicating officer may, by written order, impose penalty under the Act; while adjudging the quantum of penalty the authority shall consider disproportionate gain or unfair advantage, investor loss, and the repetitive nature of the default. Each order must specify the provisions breached, state brief reasons, be dated and signed, and may be rectified for errors apparent on the face of the record either on motion of the authority or on notice from the affected person within fifteen days.