California Corporate & Securities Law

As posted last month, the Commissioner of Corporations has issued an invitation for comment on possible changes to California's investment adviser rules. The deadline for submitting comments was set to expire this week. Just before year end,...

Last November, I submitted a Public Records Act request for all letters sent by the California Public Employees Retirement System to companies with respect to CalPERS' submission of a shareholder proposal pursuant to Securities and Exchange...

Last April, I wrote this brief piece for the Daily Journal regarding the emerging phenomenon of secondary trading in securities of issuers not subject to the reporting requirements of the Securities Exchange Act of 1934. Since that time, interest...

In People v. Collins, 68 Cal. 2d 319 (1968), the California Supreme Court wrote that it could "discern no inherent incompatibility between the disciplines of law and mathematics". While the Supreme Court may be correct about the relationship between...

Your team is ahead but makes a crucial error and loses the game. You may be tempted to vent your frustration on the cable box. Before you do, you should stop and consider Section 14400 of the California Corporations Code. That section allows a cable...

Yesterday, I wrote about electronic filings of notices of exemption under Corporations Code Section 25102(f) and 10 CCR § 260.103.

For the last five years, the Commissioner of Corporations has required that notices of exemption filed pursuant to Corporations Code § 25102(f) be filed electronically, except in cases of demonstrable hardship. See 10 CCR § 260.102.14(f). Electronic...

In 1999, the Business Law Section of the California State Bar sponsored AB 197 (Ackerman). That bill established a comprehensive scheme under the California Corporations Code for the conversion of limited partnerships and limited liability companies...

Last month, I wrote about California's whistleblower hotline in this post.  In early November, the Securities and Exchange Commission issued proposed rules for implementing the whistleblower provisions of Section 21F of the Securities Exchange Act of...