{"id":"AGY-ST-INSURANCE-BANKING-048","kind":"order","level":"sector-regulator","jurisdiction":"California; Department of Business Oversight (State securities and financial regulator; renamed Department of Financial Protection and Innovation Sept. 29, 2020)","state":"CA","metro":"","industry":"","agency":"ST-INSURANCE-BANKING","eco":"","issuer":"Manuel P. Alvarez, Commissioner of Business Oversight","authority":"Cal. Corp. Code § 25610 (Commissioner\u0027s rules and orders)","instrument":"Guidance to Broker-Dealers and Investment Advisers (dated March 30, 2020; file dated March 26, 2020)","title":"Guidance to Broker-Dealers and Investment Advisers: temporary relief during the COVID-19 emergency (including relief from FINRA Rule 1010(c) manual signature requirement)","dateIssued":"2020-03-30","effective":"2020-03-30","end":"For the duration of the Governor\u0027s emergency proclamation (temporary accommodations)","startDate":"2020-03-30","endDate":"2021-09-30","quarters":["2020Q2","2020Q3","2020Q4","2021Q1","2021Q2","2021Q3"],"types":["TELE","OTHER"],"addressees":["broker-dealers and investment advisers certificated in California and their agents and representatives"],"clause":"On March 4, 2020, Governor Gavin Newsom issued an emergency proclamation regarding the [COVID-19 outbreak]... II. Temporary Relief from FINRA Rule 1010(c)\u0027s Manual Signature Requirement for [Form U4 filings]... These temporary accommodations do not change any existing laws or regulations and are [available only during the emergency].","enforcement":"Cal. Corp. Code §§ 25252, 25530 (Commissioner\u0027s enforcement)","functions":["WM broker-dealers and investment advisers (remote onboarding and supervision; displaced personnel)","HR registration of agents (manual signatures waived)","OP"],"notes":"Text partially garbled by the PDF\u0027s font encoding; the headings and operative accommodations are legible in the exhibit.","sourceUrl":"https://dfpi.ca.gov/wp-content/uploads/sites/337/2020/03/DBO-Guidance-BDIA-03.26.20.pdf","snapshot":"","fileExists":true,"fileBytes":243737,"grade":"primary","character":"","description":"","collection":"AGY-ST-INSURANCE-BANKING","url":"/library/AGY-ST-INSURANCE-BANKING-048","exhibitUrl":"/exhibit/AGY-ST-INSURANCE-BANKING-048","citation":"Manuel P. Alvarez, Commissioner of Business Oversight, Guidance to Broker-Dealers and Investment Advisers (dated March 30, 2020; file dated March 26, 2020) (Mar. 30, 2020) (Ex. AGY-ST-INSURANCE-BANKING-048)","stateName":"California","related":[]}