Company Information

Get to know california new business bureau

California New Business Bureau is a private entity that operates by targeting newly registered businesses in California. It sends deceptive solicitation mailers designed to look like official government notices, requesting a significant fee (often over $250) for a "Certificate of Status." While this is a real document, it is often not required for normal business operations and can be obtained directly from the California Secretary of State for a nominal fee (approximately $5). The company has no affiliation with any government agency and has been widely criticized for its misleading practices, which imply a mandatory requirement and urgency.

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Financial Legal ServicePRIMARY
Financial Other Service

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california new business bureau

United States

Founded in

2001 (25 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

Security Information :

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ASIC

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.