NRS 90.220 “Broker-dealer” defined.
67 words·~1 min read·
/nv/chapter-90-securities-uniform-act/90-220A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
NRS 90.220 “Broker-dealer” defined. “Broker-dealer” means any person engaged in the business of effecting transactions in securities for the account of others or for the person’s own account. “Broker-dealer” does not include:
1. A sales representative;
2. An issuer, except when effecting transactions other than with respect to its own securities;
3. A depository institution; or
4. Any other person the Administrator by regulation or order designates.