Neither the commissioner nor any employee of the commissioner shall use any information which is filed with or obtained by the commissioner which is not public information for personal gain or benefit, nor shall the commissioner nor any employee of the commissioner engage in any securities transaction based on that information, even though public, if there has not been a sufficient period of time for the securities or commodity markets to assimilate that information.
Cal. Corp. Code § 28957
Miscellaneous Provisions
Known as the Capital Access Company Law
The act spans §§ 28000–28958 (104 sections).
Added by Stats. 1998, Ch. 668, Sec. 3
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.