§484-15 Penalties. Any person who wilfully violates this chapter or a rule adopted under it or any person who wilfully, in an application for registration or exemption makes any untrue statement of a material fact or omits to state a material fact is guilty of a felony and may be fined not less than $5,000 or double the amount of gain from the transaction, whichever is the larger but not more than $250,000; or may be imprisoned for not more than two years, or both. [L 1967, c 223, §15; HRS §484-15; am L 1983, c 175, §11; am L 1984, c 266, §1]
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