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of an amount equal to the purchase price paid, less | | income received on the security by the purchaser and | | interest at the legal rate of interest from the date of | | the sale, or, if the purchaser no longer owns the | | security, an offer to pay the seller upon acceptance of | | the offer, in cash, damages in the amount of the | | difference between the price at which the security was | | purchased and the value the security would have had at | | the time of the purchase in the absence of the | | purchaser's conduct that may have caused liability and | | interest at the legal rate of interest from the date of | | the sale; |
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| | | (4) If the basis for relief under this section may have | | been a violation of section 16509, subsection 4, an | | offer to pay as specified in subparagraph (2) if the | | customer is a purchaser or an offer to tender or to pay | | as specified in subparagraph (3) if the customer is a | | seller; |
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| | | (5) If the basis for relief under this section may have | | been a violation of section 16509, subsection 5, an | | offer to reimburse in cash the consideration paid for | | the advice and interest at the legal rate of interest | | from the date of payment; or |
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| | | (6) If the basis for relief under this section may have | | been a violation of section 16509, subsection 6, an | | offer to reimburse in cash the consideration paid for | | the advice, the amount of any actual damages that may | | have been caused by the conduct and interest at the | | legal rate of interest from the date of the violation | | causing the loss; |
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| | | B.__The offer under paragraph A states that it must be | | accepted by the purchaser, seller or recipient of investment | | advice within 30 days after the date of its receipt by the | | purchaser, seller or recipient of investment advice or any | | shorter period, of not less than 3 days, that the | | administrator, by order, specifies; |
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| | | C.__The offeror has the present ability to pay the amount | | offered or to tender the security under paragraph A; |
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| | | D.__The offer under paragraph A is delivered to the | | purchaser, seller or recipient of investment advice or sent | | in a manner that ensures receipt by the purchaser, seller or | | recipient of investment advice; and |
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