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Are civil fines intended as a means of raising revenue for the Commission?

April 26, 2017Civil Commission fines means raising revenue

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Are civil fines intended as a means of raising revenue for the Commission?

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No. The law seeks to deter violations of the Commission’s regulations and provide an incentive to rectify violations when they occur. That is why there are two grace periods, i.e. two opportunities to cure a violation without paying a fine.