California Corporations Code CHAPTER 4 - General Provisions

• Section 25240.
  Every applicant for a certificate as a broker-dealer or an investment adviser (other than a California corporation), and every investment adviser subject to Section 25230.1,...
• Section 25241.
  (a) Every broker-dealer and every investment adviser licensed under Section 25230 shall make and keep accounts, correspondence, memorandums, papers, books, and other records and shall file...
• Section 25242.
  (a) Surrender of a certificate as a broker-dealer or investment adviser becomes effective 30 days after receipt of an application to surrender that certificate or within...
• Section 25243.
  It is unlawful for any person holding a certificate as a broker-dealer or investment adviser under this part to represent or imply in any manner...
• Section 25243.5.
  (a) A broker-dealer or investment adviser, or an agent or representative thereof, shall not use a senior-specific certification, credential, or professional designation in connection with the...
• Section 25244.
  Any person whose certificate as a broker-dealer or investment adviser has been suspended or revoked shall immediately surrender such certificate to the commissioner.(Amended by Stats....
• Section 25245.
  It is unlawful for any person willfully to make any untrue statement of a material fact in any application, notice, or report filed with the...
• Section 25246.
  It is unlawful for any agent or broker-dealer to require, as a condition to the purchase or sale of securities for and in the name...
• Section 25247.
  (a) Upon written or oral request, the commissioner shall make available to any person the information specified in Section 6254.12 of the Government Code and made...
• Section 25248.
  (a) If the commissioner finds, as a result of any examination or investigation or from any report made to the commissioner, that any person subject to...
• Section 25249.
  If, after examination or investigation, the commissioner has reasonable grounds to believe that any broker-dealer or investment adviser has violated any law or rule binding...
• Section 25250.
  If, after examination or investigation, the commissioner has reasonable grounds to believe that any broker-dealer or investment adviser, other than an investment adviser subject to...
• Section 25251.
  (a) No order issued pursuant to Section 25249 or 25250 may become final except after notice to the affected broker-dealer or investment adviser of the commissioner’s...
• Section 25252.
  The commissioner may, after appropriate notice and opportunity for hearing, by orders, levy administrative penalties as follows:(a) Any person subject to this division, other than a...
• Section 25253.
  (a) Whenever it appears to the commissioner that any of the conditions specified in subdivision (b) has occurred with respect to any broker-dealer or investment adviser...
• Section 25254.
  (a) If the commissioner determines it is in the public interest, the commissioner may include in any administrative action brought under this part a claim for...
• Section 25255.
  The civil, criminal, and administrative remedies available to the commissioner pursuant to this division are not exclusive, and may be sought and employed in any...
• Section 25256.
  (a) For any broker-dealer or investment adviser, a disciplinary action taken by the State of California, another state, an agency of the federal government, or another...

Last modified: October 22, 2018