California Corporate & Securities Law

The Department of Corporations has completed its rulemaking package for a proposed rule that would establish a non-exclusive safe harbor from California's broker-dealer registration requirement for associated persons of an issuer. The new rule would...

In prior posts, I discussed two unusual California statutes relating to choice-of-law and choice-of-forum provisions in agreements. Choice-of-forum provisions are often confused with choice-of-venue provisions. A choice of forum relates to the place...

Yesterday, the Securities and Exchange Commission proposed rules for implementing the whistleblower provisions of the Dodd-Frank Act. That act established a whistleblower program that requires the SEC to pay a bounty to eligible whistleblowers who...

Here's a common "Governing Law" provision:

As discussed in this prior post, the Securities and Exchange Commission recently proposed rule amendments to implement the Dodd-Frank Act's executive compensation advisory votes mandates. Regrettably, the SEC's proposal perpetuates the common...

Last week, I wrote about Judge Woolard's decision to order the California Public Employees Retirement System to disclose documents to the First Amendment Coalition about a real estate investment. This isn't the first time that CalPERS has tangled...

To many, October 31 is Halloween but to a few (well, maybe one or two) die-hard traditionalists like me, October 31 is Nevada Day.   As a schoolchild in Nevada, we always looked forward to having the day off from school. 

Three years ago, I petitioned the California Public Employees Retirement System (CalPERS) to adopt regulations regarding requests for information pursuant to the California Public Records Act, Government Code § 6250 et seq. The purpose of my request...

The Securities and Exchange Commission continues to pump out rule proposals at "warp speed" in order to meet the mandates of the Dodd-Frank Act.  Last week, the Commission issued this proposal with respect to shareholder advisory votes concerning...