Website Heading


California Finders Rule May Soon Take Effect

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 requirements for finders, or individuals who, for compensation, introduce potential investors and issuers of securities to each other.  The proposed regulations,…

Share on:

CalPERS Notices Changes To Proposed Personal Trading Rules

Last month, I wrote that the California Public Employees Retirement System had proposed personal trading regulations.  Due to a glitch at CalPERS, I (and possibly others) did not receive notice of the proposed rulemaking prior to the end of the comment period as required by Government Code Section 11346.4(a)(1).  I did, however, submit comments prior…

Share on:

Comment Letters And The APAs

Yesterday, Broc Romanek wrote that the Commodity Futures Trading Commission had removed a comment letter from its website.  This caught my attention because I teach Administrative Law at the University of California, Irvine School of Law and this very week I had used the CFTC’s website to demonstrate to my class how the informal comment process…

Share on: