California Law (Last Updated: March 4, 2014) |
Corporations Code - CORP |
Title 4. SECURITIES |
Division 1. CORPORATE SECURITIES LAW OF 1968 |
Part 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 25213.3.
Latest version.
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The commissioner shall, after appropriate notices and opportunity for hearing, by order suspend, for a period not exceeding 12 months, or bar from any position of employment, management or control of any broker-dealer, any officer, director, partner, agent, employee of, or person performing similar functions for, a broker-dealer, or any other person, if the person has been convicted of, or has pleaded nolo contendere to, a felony or misdemeanor in violation of Section 25541 that was committed on or after January 1, 1989.
(Amended by Stats. 2002, Ch. 772, Sec. 4. Effective January 1, 2003.)