§ 25002 Security Advertisement Definition
This law tells us what counts as an “advertisement” when it’s used to sell a security.
A company runs a TV commercial that says you can buy its new stock.
Because the commercial talks about buying the stock, it is considered an advertisement under this law.
AI-generated — May contain errors. Not legal advice. Always verify source.
§ 25002 Security Advertisement Definition
Last verified: January 10, 2026