N.J. Admin. Code § 13:47A-6.2

Current through Register Vol. 56, No. 19, October 7, 2024

Section 13:47A-6.2 - Definitions

(a) For purposes of this subchapter, the following words and terms shall have the following meanings, unless the context clearly indicates otherwise:

"Adviser" includes investment adviser as defined in 49:3-49(g) and investment adviser representative as defined in 49:3-49(s).

"Market maker" means a broker-dealer who, with respect to a particular security:

1. Regularly publishes bona fide, competitive bid and ask quotations in a recognized inter-dealer quotation system; or regularly furnishes bona fide competitive bid and offer quotations to other broker-dealers upon request; and

2. Is ready, willing and able to effect transactions in reasonable quantities at his quoted price with other broker-dealers on a regular basis.

"NASAA" means the North American Securities Administrators Association, Inc.

"NASDAQ" means the National Association of Securities Dealers Automated Quotation System.

"OTC" means over-the-counter.

"Person" means person as defined in 49:3-49(i).

"SEC" means the United States Securities and Exchange Commission.

N.J. Admin. Code § 13:47A-6.2

Amended by 47 N.J.R. 2155(a), effective 8/17/2015