NRS 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.

Source: Section 90.575 — Fiduciary duty of broker-dealers, sales representatives, investment advisers and representatives of investment advisers; regulations., https://www.­leg.­state.­nv.­us/NRS/NRS-090.­html#NRS090Sec575.

Last Updated

Feb. 5, 2021

§ 90.575’s source at nv​.us