The Commissioner of Business Oversight's final regulations implementing a new exemption for finders from the broker-dealer provisions of the Corporate Securities Law took effect on June 21, 2017. See 10 CCR §§ 260.211.4, 260.211.5, 260.211.6 and...
California Finders Exemption Regulations Are Now Effective
Posted on July 14, 2017
California Finders Rule May Soon Take Effect
Posted on June 19, 2017
Nearly one year ago, the California Department of Business Oversight proposed regulations to implement the provisions of AB 667 (Wagner). The bill, which was enacted in 2015 and took effect last year, created a new exemption from the broker-dealer...
Department Of Business Oversight Proposes Changes To Proposed Finders Rule
Posted on March 29, 2017
Last July, the California Department of Business Oversight proposed regulations to implement the provisions of AB 667 (Wagner). The bill, which was enacted in 2015 and took effect last year, created a new exemption from the broker-dealer...
Investment Advisers And Broker-Dealers Face Scant Likelihood Of California Examinations
Posted on February 15, 2017
The California Department of Business Oversight recently issued a report on its Broker-Dealer/Investment Adviser Program. This report was required by the Budget Act of 2014. Although short, the report provides some interesting data about...
