(1) If the Commission considers that a securities advertisement issued, caused to be issued or proposed to be issued by a licensee or authorised person is misleading, the Commission may by notice in writing give the licensee or authorised person a direction under this regulation.
(2) A direction under this regulation may contain all or any of the following prohibitions or requirements—
(a) a prohibition on the issue of advertisements of a specified kind;
(b) a requirement that advertisements of a particular description must be modified in a specified manner;
(c) a probation on the issue of any advertisements which are, wholly or substantially, repetitions of an advertisement which has been issued or is proposed to be issued and which is identified in the direction;
(d) a requirement to take all practical steps to withdraw from display in any place or from circulation any advertisement or any advertisements of a particular description specified in the direction;
(e) a requirement, in respect of a particular advertisement, that a correction be published in the manner and form specified by the Commission.