Q: I know that there are federal securities laws, but are there any that are state-specific to California that differ from
the federal ones?
A:
There are many California securities laws (corporations code sections and regulations) that differ from federal securities laws.
The Corporate Securities Law of 1968 regulates all offers and sales of securities in California
https://leginfo.legislature.ca.gov/faces/codes_displayexpandedbranch.xhtml?tocCode=CORP&division=&title=4.&part=&chapter=&article=
California Department of Business Oversight administers and enforces the Corporate Securities Law of 1968 (including offers and sales of securities in CA and regulations of CA investment advisers, IARs, and broker-dealers)
http://www.dbo.ca.gov/
California Code of Regulations (Subchapter 2. Corporate Securities)
https://govt.westlaw.com/calregs/Browse/Home/California/CaliforniaCodeofRegulations?guid=I0F5152D02BCF11E4A6D6D3F1F2EE3B20&originationContext=documenttoc&transitionType=Default&contextData=(sc.Default)
There are also court cases that interpret California securities laws (federal, state and bankruptcy courts)
Finally, there are administrative agencies' cases, opinion rulings, guidance, notices, releases, and other publications that interpret California securities laws.
Securities laws (federal and state) are very complex. You should consult a securities attorney about your specific matter.
A: Yes they do and they are stronger than the federal laws. They start at Corporations Code 25000
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