Statutes, codes, and regulations
CALIFORNIA CODES
CALIFORNIA CORPORATIONS CODETitle 4 - SECURITIESDivision 1 - CORPORATE SECURITIES LAW OF 1968Part 3 - REGULATION AND NOTICE FILING REQUIREMENTS OF AGENTS, BROKER-DEALERS, INVESTMENT ADVISER REPRESENTATIVES, AND INVESTMENT ADVISERS
Chapter 2 - LICENSING OF AGENTS AND BROKER-DEALERS
Section 25218 - Unlawful transaction or inducement of purchase of sale of security in contravention of rules designed to protect investors and public interest

Cal. Corp. Code § 25218

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Current through the 2023 Legislative Session.
Section 25218 - Unlawful transaction or inducement of purchase of sale of security in contravention of rules designed to protect investors and public interest

No broker-dealer licensed under this chapter shall effect any transaction in, or induce or attempt to induce the purchase or sale of, any security in this state in contravention of such rules as the commissioner may prescribe designed to promote just and equitable principles of trade, to provide safeguards against unreasonable profits or unreasonable rates of commissions or other charges, and in general to protect investors and the public interest, and to remove impediments to and perfect the mechanism of a free and open market.

Ca. Corp. Code § 25218

Amended by Stats. 1979, Ch. 665.