Section 230
of Securities Markets Order, 2013
Section 230
The powers conferred on the Authority shall be exercisable in relation to any regulated person if it appears to the Authority -
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[aj that the exercise of the powers is desirable for the protection of investors;
(b)
that the regulated person is not fit to carry on regulated activities of a particular kind or which he is carrying on or proposing to carry on; or
(c)
that the regulated person has contravened any provision of this
Order, principles or any regulations or codes made under it or, in purported compliance with any such provision, principle, regulation or code has furnished the Authority with false, inaccurate or misleading information or has contravened any prohibition or requ'irement imposed under this Order.
Employment of prohibited persons.