Early notification allows the division to provide the most useful information to potential investors and take any appropriate action on a timely basis. However, the division does not have the statutory power to demand an individual investor's monies be returned. See Investor Complaints for more explanation on the securities complaint process and the use of the Investment Complaint Form . Many exemptions from the registration process are available and the division has received few applications to register subdivided lands in the recent past. Likewise, the division has not received any complaints regarding the sale of subdivided lands in the recent past.
Resources permitting, the examiners visit firms regularly based on a budgeted examination cycle.
Most of the examinations conducted are routine. It is not unusual for routine examinations to detect some problems. When that occurs, the examiners normally write to the firm, request a response, and work with the firm to resolve the problem. Should serious violations of law be found during an examination, the examiner may take appropriate enforcement action. In very serious cases, such as where customer funds have been converted or misappropriated, the division may make a criminal referral to the Attorney General.