registration of the

person for such

time, or until the

happening of such

event, as it may

determine; or

(c)

reprimand him or, in

the case of a

registered person

that is a

corporation,

reprimand any

director, secretary

or person concerned

in its management.

(3) The Commission shall

not impose any penalty under

subsection (2) without first

giving the registered person

and, in the case of a

registered person that is a

corporation, any director,

secretary or person concerned

in its management, an

opportunity of being heard.

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