What legislation governs the regulation of financial services?

In California, the legislation that governs the regulation of financial services is the Financial Code. This code is part of the state statutes and includes definitions, licensing requirements, and other regulations related to lending, banking, and investments. The Financial Code also outlines the licensing and regulation of a wide range of activities related to financial services. This includes lenders, loan brokers, mortgage brokers, investment advisors, stockbrokers, and other entities that provide services related to investments, lending, banking, and other activities. In addition to these regulations, California also has a number of laws that govern the conduct of financial services providers, such as those related to disclosure of fees, conflicts of interest, and the use of customer funds. Other regulations in the Financial Code govern the supervision of financial services companies, including rules on record-keeping and reporting, capital adequacy, and internal controls. The Financial Code is not only applicable to California-based financial services companies but also to those that conduct business in the state. Therefore, it is important for financial services companies in California to ensure they are in compliance with the relevant laws and regulations.

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What legislation governs the regulation of financial services?

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