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    Section 25401 - Does No One Know Its History?

    A few years back, I criticized the amendment of California Corporations Code Section 25401 to conform to Rule 10b-5 under the Securities Exchange Act of 1934.  See California Creates Complete Chaos By Rewriting Anti-Fraud Statute, But “We Are...

    Section 12(a)(2), Section 17(a), Securities Litigation, George Santayana, Section 25401