(1) The Commission or a person authorized by die Commission may by notice in writing require an issuer of financial analysis or report concerning securities to supply

(a) the name and address of the independent financial analyst who has contributed an advice or prepared am analysis or report that has been issued; or

(b) the names and addresses of all the independent financial analysts who have contributed advice or prepared an analysis or report within a period specified in the notice.

(2) An issuer of financial analysis or report concerning securities who, without reasonable excuse, foils to comply with a notice under subsection (1) is liable to pay to the Commission an administrative penalty of five hundred penalty units.