Welcome to the Department of Corporations' website. The Department provides protections to consumers, and services to businesses, engaged in financial transactions. We also license and regulate a variety of businesses, including securities brokers and dealers, investment advisers and financial planners, and certain fiduciaries and lenders. The Department regulates the offer and sale of securities, franchises and off-exchange commodities. We hope you will find our site to be informative and helpful.
- 05/14/13 - The Commissioner issued Release No. 16-G (Revised) relating to the Regulatory Ombudsperson process an applicant for a license, permit or registration may take when an applicant disagrees with the manner in which an administrative regulation is being applied to the application.
- 5/07/13 **INTERNET ALERT – Wilshire Escrow in Australia** - The Department of Corporations has been notified that Wilshire Escrow in Australia, which has used or is using the website addresses of www.wilshire-escrow-au.com and www.wilshire-escrow-aus.com, is offering escrow services and is falsely purporting to be Wilshire Escrow in Los Angeles, a valid escrow company that holds Department of Corporations license number 963-0326. Wilshire Escrow in Australia is not affiliated with Wilshire Escrow in Los Angeles. Wilshire Escrow in Australia is not licensed by the California Department of Corporations to conduct escrows ( Consumer Alerts)
- 04/02/13 - **INTERNET ALERT – Elite Escrow Title Inc.** - The Department of Corporations has been notified that Elite Escrow Title Inc., which has used or is using an address of 2010 Crow Canyon Place, Suite 100, San Ramon, California, is offering escrow services and is falsely purporting to be Elite Escrow Services of San Diego, a valid escrow company that holds Department of Corporations license number 963-0397. Elite Escrow Title Inc. is not affiliated with Elite Escrow Services of San Diego. Elite Escrow Title Inc. in San Ramon is not licensed by the California Department of Corporations to conduct escrows. (Consumer Alerts)
Please contact our Consumer Services Office at 866 ASK CORP or (866) 275-2677 if you need assistance locating information on our redesigned website. Website comments or suggestions can be directed to email@example.com.
California Department of Corporations Provides Update Regarding Crowdfunding Activities. (Crowdfunding Update)
The Department has released an update regarding the status of the law relating to “crowdfunding.” The new federal Jumpstart Our Business Startups (JOBS) Act exempts some small businesses and entrepreneurs from securities regulations in order to tap into the “crowd” in search of investments to finance their business ventures, but the practice is still regulated under existing law until the SEC issues final rules under the new law. The update explains some of the distinctions in use of the term “crowdfunding” for investment activities; the term “crowdfunding” is often used imprecisely and may or may not indicate a violation of the law.
More Consumer Corner notices.