Colo. Rev. Stat. § 11-44-105
The commissioner shall report to the attorney general, and the attorney general shall institute and prosecute suits and actions to enjoin violations of articles 40 to 46 of this title 11 or violations of orders or decisions of the commissioner rendered pursuant to said articles and to enforce any civil penalties provided by said articles. The commissioner shall notify the proper district attorney of any violation of articles 40 to 46 of this title 11 that constitutes a felony or misdemeanor, and the district attorney shall promptly prosecute the person charged with the offense. Upon the failure or refusal of the district attorney to prosecute, the attorney general shall prosecute the matter.
C.R.S. § 11-44-105
Section 67(2) of chapter 350 (HB 24-1381), Session Laws of Colorado 2024, provides that the act changing this section applies to the operations of the division of financial services, the commissioner of financial services, the financial services board, credit unions, savings and loan associations, and life care institutions on or after August 7, 2024, including the imposition of fines by the commissioner of financial services against a person who violates a cease-and-desist order or a suspension or removal order.