HRS §417E-8
Stopping illegal securities practices
Read the official text at capitol.hawaii.gov ↗If the commissioner sees someone breaking securities laws, the commissioner can order them to stop and can go to court to block the activity. A court can issue an injunction or order rescission of illegal sales or purchases. The commissioner does not have to pay a bond.
everyone
The statute, as written — Injunctions
A copy, taken August 20, 2026. The version published by the Legislature is the one that governs, and it may have changed since. Check it before relying on anything here.
Whenever it appears to the commissioner that any person, including a controlling person of an offeror or target company, has engaged or is about to engage in any act or practice constituting a violation of this chapter or any rule or order hereunder, the commissioner is authorized to: (1) Issue and cause to be served upon any person violating any of the provisions of this chapter an order requiring the person guilty thereof to cease and desist therefrom; and (2) Bring an action in the appropriate circuit court to enjoin the acts or practices and to enforce compliance with this chapter or any rule or order hereunder, or refer the matter to the attorney general. Upon a proper showing, the court may grant a permanent or temporary injunction or restraining order and may order rescission of any sales or purchases of securities determined to be unlawful under this chapter or any rule or order hereunder. The court may not require the commissioner to post a bond.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.