Nev. Rev. Stat. § 90.575

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 90.575 - Fiduciary duty of broker-dealers, sales representatives, investment advisers and representatives of investment advisers; regulations
1. A broker-dealer, sales representative, investment adviser or representative of an investment adviser shall not violate the fiduciary duty toward a client imposed by NRS 628A.020.
2. The Administrator may by regulation:
(a) Define or exclude an act, practice or course of business of a broker-dealer, sales representative, investment adviser or representative of an investment adviser as a violation of the fiduciary duty toward a client imposed by NRS 628A.020; and
(b) Prescribe means reasonably designed to prevent broker-dealers, sales representatives, investment advisers and representatives of investment advisers from engaging in acts, practices and courses of business defined as a violation of such fiduciary duty.

NRS 90.575

Added to NRS by 2017, 1797
Added by 2017, Ch. 322,§1.7, eff. 7/1/2017.