Section 9Part 1 — Securities Investment Business Act
Use of words connoting securities investment business
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The Authority may require a licensee or registered person with a name which —
is identical with that of another person, whether within the Islands or not, or which so nearly resembles that name as to be likely to deceive;
in the opinion of the Authority connotes, falsely, the patronage of or connection with a person whether within the Islands or not;
in the opinion of the Authority connotes, falsely, that it has a special status in relation to or derived from the Government, or has the official backing of or acts on behalf of the Government or of any of its departments or officials;
in the opinion of the Authority is liable to mislead investors, or constitute a misrepresentation; or
includes any prescribed word or expression, forthwith to change its name, and in default of compliance within three calendar months of the receipt of notice from the Authority of its requirements, the Authority may revoke its licence or cancel its registration.