Regulation .04 Market Conduct Action.
Regulation .04 Market Conduct Action.LinkCopy Citation
A.
Whenever the Commissioner has the authority to conduct an analysis, examination, or investigation of a person's business practices, the Commissioner may conduct a market conduct action.
B.
The Commissioner may conduct a market conduct action:
(1)
Based on a complaint;
(2)
As authorized by law;
(3)
Whenever the Commissioner considers it is advisable; or
(4)
With other states.
C.
If the Commissioner determines information is needed from a person to conduct a market conduct action, in accordance with Regulation .05 of this chapter:
(1)
The Commissioner shall request the information; and
(2)
The person shall provide the information.
D.
The Commissioner may participate in a market conduct action with one or more other states to determine if a Maryland law has been violated by the person subject to the market conduct action.