...he Act in order to be subject to a civil penalty under OCGA § 10-5-13 (a) (1) (A) (iv). Another portion of the Act also sheds light on the appropriate standard for the imposition of administrative penalties. The term “willfully” appears in OCGA§ 10-5-4 (a) (2).2 This portion of the Act contains similar provisions to Section 412 of the Uniform Securities Act (2002),3 which outlines administrative sanctions for a party who “willfully violated or willfully failed to comply with [the Uniform Securities Act].”4 Unif....

...Any person who shall willfully violate any provision of this chapter shall be guilty of a felony and, upon conviction thereof, shall be punished by a fine of not more than $500,000.00 or imprisonment for not less than one and not more than five years, or both. OCGA § 10-5-4 (a) (2) provides: (a) The commissioner, by order, may deny, suspend, or revoke a registration, limit the securities or investment advisory activities that an applicant or registered person may perform in this state, bar an applicant or reg...