Are there any rules governing advertising of securities?

Yes, there are rules governing the advertising of securities in California. These rules are set by the California Department of Business Oversight (DBO). These rules are designed to protect consumers from deceptive or fraudulent practices in the securities market. One of the most important rules is that all materials used in the advertising of securities must be true and not misleading. This includes any statements about the securities, their value, and the risks involved. In addition, the materials must also be properly registered and approved with the DBO before they can be used. The DBO also requires that any advertising must provide the full name and address of the person responsible for the advertisement. All advertising materials must be obtained from a registered and approved broker-dealer. Finally, the DBO requires that any advertising of securities must reveal any compensation or interest that the advertiser might receive. The numbers must be stated clearly and honestly so that consumers can make an informed decision when investing. These rules provide an important layer of protection for consumers, ensuring that any advertising of securities is legitimate and well-informed. It is important to make sure that any advertising materials are properly registered and approved, and that the information provided is clear and honest.

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Are there any rules governing advertising of securities?

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