On notice and hearing as provided in § 11-416 of this subtitle, the Commissioner may fine any broker-dealer, agent, investment adviser, or investment adviser representative up to a maximum amount of $5,000 for any single violation of this title.

Added by Acts 1975, c. 311, § 2, eff. July 1, 1975. Amended by Acts 1989, c. 533; Acts 1989, c. 805, § 2; Acts 1992, c. 620.

Formerly Art. 32A, § 18.