Securities,
Corporate,
Administrative/Regulatory
Sep. 5, 2017
What ‘finders’ need to know about California corporate law
California now grants an exemption that allows individuals acting as “finders” to receive transaction-based compensation without having to register as a broker-dealer under the Securities Exchange Act of 1934.
Pursuant to recent changes in the law, California now grants an exemption that allows individuals acting as “finders” to receive transaction-based compensation without having to register as a broker-dealer under Section 15(b) of the Securities Exchange Act of 1934. See Cal. Corp. Code Sections 25206, 25210(a). In common usage, “finders” are individuals or entities that are paid a commission for introducing to eac...
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In