CHAPTER 3. Licensing and Notice Filing Requirements of Investment Adviser Representatives and Investment Advisers [25230. - 25238.]
Heading of Chapter 3 amended by Stats. 1997, Ch. 391, Sec. 21.
§§ 25230–25238 · 13 sections
- § 25230 (a) It is unlawful for any investment adviser to conduct business as an investment adviser in this state unless the investment adviser has first applied for…
- § 25230.1 (a) A person that is registered under Section 203 of the Investment Advisers Act of 1940 as an investment adviser is not subject to the requirement of…
- § 25231 (a) Any investment adviser, or any person who contemplates becoming an investment adviser, may apply for a certificate to act as an investment adviser by…
- § 25232 The commissioner may, after appropriate notice and opportunity for hearing, by order censure, deny a certificate to, or suspend for a period not exceeding 12…
- § 25232.1 The commissioner may, after appropriate notice and opportunity for hearing, by order censure, or suspend for a period not exceeding 12 months, or bar from any…
- § 25232.2 (a) It is unlawful for any person, as to whom an order suspending or revoking the person’s certificate as an investment adviser is in effect pursuant to…
- § 25232.3 The commissioner may immediately revoke the certificate of any investment adviser if the investment adviser fails to comply with any currently effective order…
- § 25233 No order may be entered under Section 25232, 25232.1, or 25252 except after notice to the person affected thereby of the intention of the commissioner to enter…
- § 25234 (a) No investment adviser licensed under this chapter shall in this state enter into, extend or renew any investment advisory contract, or in any way perform…
- § 25235 It is unlawful for any investment adviser, directly or indirectly, in this state: (a) To employ any device, scheme, or artifice to defraud any client or…
- § 25236 (a) No investment adviser licensed under this chapter shall conduct any business as such investment adviser in this state unless the investment adviser and all…
- § 25237 The commissioner shall prescribe rules with respect to investment advisers licensed under this chapter who have custody of their clients’ securities or funds…
- § 25238 No investment adviser licensed under this chapter and no natural person associated with the investment adviser shall engage in investment advisory activities,…