Nevada Statutes
§ 90.278 — “Representative of an investment adviser” defined
1. “Representative of an investment adviser” means any person employed by or associated with an investment adviser who:
(a)Provides advice concerning securities;
(b)Manages accounts or portfolios of clients;
(c)Determines the advice concerning securities that is offered to clients;
(d)Solicits for the sale of investment advice, unless the person is a sales representative licensed pursuant to this chapter;
(e)Sells, offers to sell or negotiates for the sale of investment advice; or
(f)Supervises employees who engage in the activities described in paragraphs (a) to (e), inclusive.
2. The term does not include:
(a)A broker-dealer;
(b)An investment adviser; and
(c)A person employed by or associated with an investment adviser who provides clerical or administrative services.
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Legislative History
(Added to NRS by 1995, 1441 )
Nearby Sections
15
§ 90.211
Definitions§ 90.215
“Administrator” defined§ 90.220
“Broker-dealer” defined§ 90.223
“Commission” defined§ 90.225
“Depository institution” defined§ 90.230
“Division” defined§ 90.235
“Filing” and “file” defined§ 90.250
“Investment adviser” defined§ 90.255
“Issuer” defined§ 90.260
“Nonissuer transaction” defined§ 90.265
“Person” defined