153. A registrant wishing to cease carrying on business shall apply to the Authority to surrender his registration.
The Authority may, on the conditions it determines, suspend the registration or impose conditions or restrictions on the registration during examination of the application for surrender.
The Authority may impose such conditions as it may determine on the surrender, and shall accept it where, in its opinion, the interests of clients and investors are sufficiently protected.
The Authority remains competent in respect of any acts prior to the surrender.
1982, c. 48, s. 153; 1984, c. 41, s. 42; 1990, c. 77, s. 26; 2002, c. 45, s. 696; 2004, c. 37, s. 90; 2006, c. 50, s. 44.