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CALIFORNIA CORPORATE & SECURITIES LAW

When The SEC Became A Real Estate Regulator

For at least a century, it has been said that only three things matter in real estate: location, location, location.  Recently, the Securities and Exchange Commission took this old saw to heart in the context of disclosure of non-GAAP financial measures.  The SEC’s fixation on location began this past May when the staff updated its Compliance and Disclosure Interpretations…

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