Final answer:
New sanctions for brokerages or licensees are imposed to maintain legal and ethical standards in the sale of securities, with penalties like fines and license suspensions.
Step-by-step explanation:
The sanctions for brokerages or licensees are designed to regulate and supervise their activities, specifically the sale of securities. These regulations ensure that brokers, dealers, and investment bankers operate within the framework of legal and ethical standards. When these standards are violated, new sanctions may include fines, license suspensions, or even revocation, depending on the severity of the infraction. Regulatory bodies frequently update these sanctions to protect investors and maintain the integrity of the financial markets.