§ 25249
69 words·~1 min read·
/ca/corporations-code/25249A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
If, after examination or investigation, the commissioner has reasonable grounds to believe that any broker-dealer or investment adviser is violating or has violated any law or rule binding upon it, the commissioner shall, by written order addressed to the broker-dealer or investment adviser, direct the discontinuance of the violation. The order shall be effective immediately, but shall not become final except in accordance with the provisions of Section 25251.