502A.12 Enforcement of chapter.
1. If the administrator believes, whether or not based upon an investigation conducted under section 502A.11, that a person has engaged or is about to engage in an act or practice constituting a violation of this chapter or a rule or order issued under this chapter, the administrator may do any or all of the following:
a. Issue a cease and desist order.
b. Issue an order imposing a civil penalty in amount which may not exceed ten thousand dollars for a single violation or one hundred thousand dollars for multiple violations in a single proceeding or a series of related proceedings.
c. Initiate any of the actions specified in subsection 2.
2. The administrator may institute any or all of the following actions in the appropriate courts of this state, or in the appropriate courts of another state, in addition to any legal or equitable remedies otherwise available:
a. A declaratory judgment.
b. An action for a prohibitory or mandatory injunction to enjoin the violation and to ensure compliance with this chapter or a rule or order of the administrator.
c. An action for disgorgement.
d. An action for appointment of a receiver or conservator for the defendant or the defendant’s assets.
e. An action for restitution.
90 Acts, ch 1169, §11
Structure Iowa Code
Chapter 502A - COMMODITIES CODE
Section 502A.2 - Unlawful commodity transactions.
Section 502A.3 - Exempt person transactions.
Section 502A.4 - Exempt transactions.
Section 502A.5 - Unlawful commodity activities.
Section 502A.6 - Fraudulent conduct.
Section 502A.7 - Liability of principals, controlling persons, and others.
Section 502A.8 - Securities laws unaffected.
Section 502A.11 - Investigations.
Section 502A.12 - Enforcement of chapter.
Section 502A.13 - Power of court to grant relief.
Section 502A.14 - Criminal penalties.
Section 502A.15 - Administration of chapter.
Section 502A.16 - Cooperation with other agencies.
Section 502A.17 - General authority to adopt rules, forms, and orders.
Section 502A.18 - Consent to service of process.
Section 502A.19 - Chapter scope.
Section 502A.20 - Effect of pending judicial review.