California Corporations Code Section 25206.1, which became effective January 1, 2016 permits “finders” to be exempt from broker-dealer provisions of California securities laws. In other words, this new section legalizes payments of finder’s fees by an issuer of securities to a person who introduces one or more accredited investors to that issuer, regardless of whether that person is a registered broker. Continue Reading Payments to Finders Fall Outside of California Broker-Dealer Provisions