California · Corporations Code
CORP §25252: The commissioner may, after appropriate notice and opportunity for hearing, by orders, levy administrative penalties as follows: (a) Any person subject to this division, other than a broker-dealer or
What this law says, in plain English
The commissioner may impose administrative monetary penalties for willful violations of securities division rules, ranging from $1,000–$2,500 for individuals and $5,000–$15,000 for broker-dealers or investment advisers.
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