The allegations read: A. Cantone sold unregistered securities (2005 certificates of participation (cops), and 2007 cops) in violation of n.j.s.a. 49:3-60. A. Cantone's sale of the unregistered cops constitute willful violations of the securities law under n.j.s.a. 49:3-58(a)(2)(ii). A. Cantone violated n.j.a.c. 13:47a-6.3(a)(10), 13:47a-6.3(a)(16), 13:47a-6.3(a)(51), and 13:47a-6.3(a)(55), all of which constitute dishonest or unethical practices in the securities business under n.j.s.a. 49:3-58(a)(2)(vii). The activities set forth herein are grounds, pursuant to n.j.s.a. 49:3-58(a), for the initiation of administrative proceedings.
