California Code of Regulations Title 10 - Investment
California Code of Regulations – Title 10: Investment
Title 10 of the California Code of Regulations (CCR) is overseen by various state agencies that regulate financial services and investment-related activities. These include insurance, securities, real estate, and financial institutions. The most prominent regulatory bodies under Title 10 are:
Key Agencies and Divisions:
Department of Financial Protection and Innovation (DFPI)
Formerly the Department of Business Oversight
Regulates state-chartered banks, credit unions, mortgage lenders, payday lenders, investment advisers, and broker-dealers.
Department of Insurance
Regulates insurance companies, agents, and brokers in California.
Department of Real Estate (DRE)
Oversees real estate licensing, education, and enforcement of real estate laws.
Notable Divisions and Areas Covered:
Subchapter 1 – Commissioner of Financial Protection and Innovation
Rules for state-licensed financial institutions and consumer financial protection.
Subchapter 2 – Securities Regulation
Registration and exemption procedures for securities offerings.
Requirements for broker-dealers and investment advisers.
Subchapter 3 – Insurance Commissioner
Licensing, conduct, and financial solvency of insurance entities.
Subchapter 4 – Real Estate Commissioner
Licensing requirements for brokers and salespersons.
Rules for real estate advertising, trust fund handling, and disclosure obligations.
Subchapter 6 – Credit Unions
Governance and operation of state-chartered credit unions.
Subchapter 11 – Escrow Law
Requirements for companies handling escrow funds in financial transactions.
Example Regulations:
Licensing exams and continuing education for real estate professionals.
Anti-fraud provisions in insurance and investment sectors.
Fiduciary responsibilities for investment advisers.
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