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California Department Of Corporations
The California Department of Corporations (DOC) was a department within the former California Business, Transportation and Housing Agency in California. The chief officer of the Department was the Commissioner of Corporations. Effective July 1, 2013, the Department of Corporations and the Department of Financial Institutions became divisions of the California Department of Business Oversight (DBO) pursuant to the Governor's Reorganization Plan No. 2 of 2012. History The Department of Corporations was originally known as the "State Corporation Department" and was created by the "Investment Companies Act". Governor Hiram Johnson appointed H.L. Carnahan as California's first Commissioner of Corporations in 1914. The Investment Companies Act faced immediate opposition but was approved by the voters in a 1914 referendum. In 1917, the legislature enacted the Corporate Securities Act. The combination of the Department of Corporations and the Department of Financial Institutions was ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
California
California is a U.S. state, state in the Western United States, located along the West Coast of the United States, Pacific Coast. With nearly 39.2million residents across a total area of approximately , it is the List of states and territories of the United States by population, most populous U.S. state and the List of U.S. states and territories by area, 3rd largest by area. It is also the most populated Administrative division, subnational entity in North America and the 34th most populous in the world. The Greater Los Angeles area and the San Francisco Bay Area are the nation's second and fifth most populous Statistical area (United States), urban regions respectively, with the former having more than 18.7million residents and the latter having over 9.6million. Sacramento, California, Sacramento is the state's capital, while Los Angeles is the List of largest California cities by population, most populous city in the state and the List of United States cities by population, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
California Department Of Business Oversight
The California Department of Financial Protection and Innovation (DFPI), formerly the Department of Business Oversight (DBO), regulates a variety of financial services, businesses, products, and professionals. The department operates under the California Business, Consumer Services and Housing Agency. The DFPI protects California consumers and oversees the operations of state-licensed financial institutions, including banks, credit unions, debt collectors, nonbank mortgage lenders, student loan servicers, money transmitters, and others. Additionally, the department licenses and regulates a variety of financial businesses, including securities brokers and dealers, investment advisers, payday lenders, certain fiduciaries, and nonbank lenders. The department also regulates the offer and sale of securities, franchises, and off-exchange commodities. , Commissioner Clothilde V. Hewlett leads the department, which has offices in Sacramento, San Francisco, Los Angeles, and San Di ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
California Business, Transportation And Housing Agency
The California Business, Transportation and Housing Agency (BTH) was a state cabinet-level agency in the government of California. It was superseded by the new California State Transportation Agency (CalSTA) on July 1, 2013. The Business, Transportation and Housing Agency was responsible for oversight of 14 offices and departments and four economic development programs and initiatives within the state government. The Agency's portfolio was one of the largest and most diverse in the State of California. As the lead State Agency for economic development, BT&H strove to maintain and enhance California's leading role in the global economy through the Agency's programs. Its operations addressed a myriad of issues that directly impacted the state's economic vitality and quality of life including transportation, public safety, affordable housing, international trade, financial services, tourism, and managed health care. From March 2012, the Acting Secretary for Business, Transportati ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hiram Johnson
Hiram Warren Johnson (September 2, 1866August 6, 1945) was an American attorney and politician who served as the Governor of California, 23rd governor of California from 1911 to 1917. Johnson achieved national prominence in the early 20th century. He was elected in 1916 United States Senate election in California, 1916 as the United States Senator from California, where he was repeatedly re-elected and served until 1945. As a governor, Johnson was a leading American progressivism, progressive. He ran for vice president on Theodore Roosevelt's Progressive Party (United States, 1912), Progressive ticket in the 1912 United States presidential election, 1912 presidential election. As a US senator, Johnson became a leading liberal Isolationism, isolationist, among those "Irreconcilables" who opposed the Treaty of Versailles and rejected the League of Nations. Later, Johnson was also a vocal opponent of the United Nations Charter. After having worked as a stenographer and reporter, Joh ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bucket Shop (stock Market)
A bucket shop is a business that allows gambling based on the prices of stocks or commodities. A 1906 U.S. Supreme Court ruling defined a ''bucket shop'' as "an establishment, nominally for the transaction of a stock exchange business, or business of similar character, but really for the registration of bets, or wagers, usually for small amounts, on the rise or fall of the prices of stocks, grain, oil, etc., there being no transfer or delivery of the stock or commodities nominally dealt in". A person who engages in the practice is referred to as a bucketeer and the practice is sometimes referred to as bucketeering. Bucket shops were found in many large American cities from the mid-1800s but the practice was eventually ruled illegal and largely disappeared by the 1920s. Overview Definition and term origin According to ''The New York Times'' in 1958, a bucket shop is "an office with facilities for making bets in the form of orders or options based on current exchange prices of s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Escrow
An escrow is a contractual arrangement in which a third party (the stakeholder or escrow agent) receives and disburses money or property for the primary transacting parties, with the disbursement dependent on conditions agreed to by the transacting parties. Examples include an account established by a broker for holding funds on behalf of the broker's principal or some other person until the consummation or termination of a transaction; or, a trust account held in the borrower's name to pay obligations such as property taxes and insurance premiums. The word derives from the Old French word , meaning a scrap of paper or a scroll of parchment; this indicated the deed that a third party held until a transaction was completed. Types Escrow generally refers to money held by a third party on behalf of transacting parties. It is mostly used regarding the purchase of shares of a company. It is best known in the United States in the context of the real estate industry (specifically in mor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
