V-1 - Securities Act

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127. The Commission may at its dicretion, if satisfied that an undertaking given under section 126 has not been complied with, refuse to grant permission to distribute a prospectus relating to securities of the issuer that previously delivered that undertaking to the Commission or refuse to grant such permission unless the issuer has agreed to comply with such terms and conditions relating to financial disclosure as may be imposed by the Commission.
1973, c. 67, s. 26.