California Corporations Code

§ 29566

CORP § 29566Div. 4.5 · Title 4 · Ch. 7

Statute text

Neither the commissioner nor any employee of the commissioner shall use any information which is filed with or obtained by the commissioner which is not public information for personal gain or benefit, nor shall the commissioner nor any employee of the commissioner engage in any securities or commodity transaction based on that information, even though public, if there has not been a sufficient period of time for the securities or commodity markets to assimilate that information.

Legislative history

Added by Stats. 1990, Ch. 969, Sec. 2.