(a)
- (1) At the request of any party, the Securities Commissioner shall issue subpoenas for the attendance of witnesses at a hearing.
- (2) The requesting party shall specify whether the witness is also requested to bring documents and reasonably identify said documents.
(b)
- (1) A subpoena for appearance may be served via certified mail or by personal service by any person specified by law to serve process or by any person who is not a party and who is eighteen (18) years of age or older.
- (2) Delivering a copy to the person named in the subpoena shall make service.
- (3) Proof of service may be made by affidavit of the person making service.
- (4) The party seeking the subpoena shall have the burden of obtaining service of the process and shall be charged with the responsibility of tendering appropriate mileage fees and witness fees pursuant to Rule 45, Arkansas Rules of Civil Procedure.
- (5) The witness must be served a reasonable time prior to the hearing.
(c) Any motion to quash or limit the subpoena shall:
- (1) Be filed with the commissioner; and
- (2) State the grounds relied upon.