Section 11-414 - Cancellation of registration or application; abandonment of notice filing(a) By order, the Commissioner may cancel a registration or application, if the Commissioner finds that the applicant or registrant:(1) Has abandoned the application;(2) Is no longer in existence;(3) Has ceased to do business as a broker-dealer, agent, investment adviser, or investment adviser representative;(4) Is subject to an adjudication of mental incompetence or the control of a committee, conservator, or guardian; or(5) Cannot be located after reasonable search.(b) The Commissioner may deem abandoned a notice filing that a federal covered adviser has filed under § 11-405 of this subtitle, if the Commissioner finds that the federal covered adviser: (1) Has abandoned the notice filing;(2) Is no longer in existence;(3) Has ceased to do business as a federal covered adviser;(4) Is subject to adjudication of mental incompetence or to the control of a committee, conservator, or guardian; or(5) Cannot be located after a reasonable search.