The allegations read: The administrator intends to revoke the investment adviser representative registration of eric smith under section 412(2) of the securities act, mcl 451.2412(2), because he is subject to an order from a self-regulatory organization suspending him from membership; he is the subject of a cease and desist order issued by a state; and, because he engaged in dishonest or unethical business practices in the securities industry within the previous 10 years, all of which support the revocation of the investment adviser representative registration under the michigan uniform securities act (2002), 2008 pa 551, mcl 451.2101 et seq.
