HRS §485A-603.5
Extra fines for fraud against seniors
If someone breaks securities laws and the victim is 62 or older, a court can add a fine of up to $50,000 for each violation. This extra fine does not apply to registered broker-dealers for certain violations.
courtsfinancial institutions
The statute, as written — Additional civil penalties for securities violations committed against elders
If a person commits a violation under this chapter and the violation is directed toward, targets, or is committed against a person who at the time of the violation is sixty-two years of age or older, a court, in addition to any other civil penalty, may impose a civil penalty not to exceed $50,000 for each violation; provided that this section shall not apply to registered broker-dealers for violations of [section] 485A-412(d)(9).
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