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Current as of January 01, 2025 | Updated by Findlaw Staff
(a) It is unlawful for any person, as to whom an order suspending or revokingthe person's certificate as an investment adviser is in effect pursuant to Section 25232 or as to whom an order suspending or barring employment is in effect pursuant to Section 25232.1, willfully to become or to be employed by any investment adviser, broker-dealer or commodity adviser, without the consent of the commissioner, and it is unlawful for any investment adviser to permit a person as to whom an order is in effect pursuant to Section 25212.1or 25232.1 to become or to remain employed bythe investment adviser, without the consent of the commissioner, if such investment adviser knew, or in the exercise of reasonable care should have known, of such order.
(b) Any person as to whom an order suspending or barring employment with or participation is issued pursuant to Section 25232.1 may petition the commissioner for reinstatement or reduction of penalty as provided in and subject to the provisions of Section 11522 of the Government Code.
Cite this article: FindLaw.com - California Code, Corporations Code - CORP § 25232.2 - last updated January 01, 2025 | https://codes.findlaw.com/ca/corporations-code/corp-sect-25232-2/
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