Authority: IC 23-2-6-22; IC 23-2-6-34

Affected: IC 23-2-6

Sec. 1. (a) The commissioner may impose a civil penalty of not more than ten thousand dollars ($10,000) on a respondent for any single violation under IC 23-2-6. Mitigating and aggravating factors can affect the amount of civil penalty imposed.

(b) Nothing in this rule requires the commissioner to impose a civil penalty for a violation.

(Securities Division; 710 IAC 6-5-1; filed Jan 12, 2026, 4:22 p.m.: 20260211-IR-710250231FRA)