Authority: IC 4-33-4; IC 4-35-4

Affected: IC 4-33; IC 4-35; IC 23-19-1

Sec. 5. The executive director may initiate a disciplinary action under 68 IAC 13 if a person, in connection with the purchase or sale of any security issued by a casino licensee, supplier licensee, affiliate, or controlling person thereof:

1. (1) is found guilty of;
2. (2) pleads nolo contendere to;
3. (3) is the subject of a final cease and desist order with respect to;
4. (4) is subject to an order of permanent injunction issued on the basis of; or
5. (5) is the subject of a similar final action taken on the basis of;

a violation of Rule 10b-5 promulgated by the Securities and Exchange Commission under Section 10(b) of the Securities Exchange Act of 1934 (15 U.S.C. 78a et seq.) or a violation of IC 23-19-1.

(Indiana Gaming Commission; 68 IAC 4-1-5; filed Dec 11, 1995, 4:30 p.m.: 19 IR 1028; readopted filed Dec 1, 2003, 9:45 a.m.: 27 IR 1297; readopted filed Sep 22, 2009, 4:00 p.m.: 20091021-IR-068090475RFA; filed Dec 6, 2012, 2:32 p.m.: 20130102-IR-068110786FRA; readopted filed Sep 19, 2018, 4:09 p.m.: 20181017-IR-068180283RFA; readopted filed Oct 1, 2024, 9:32 a.m.: 20241030-IR-068230797RFA)