reglab/housing_qa huggingface dataset:
NV Rev Stat § 90.430 (2021)
2021 Nevada Revised Statutes|Chapter 90 - Securities (Uniform Act)|NRS 90.430 - Denial, suspension, revocation, fine or condition on grounds of lack of qualification.

The Administrator’s determination that an applicant or licensed person lacks qualification under NRS 90.420 is limited by the following provisions:  1. The Administrator may not enter an order against a broker-dealer because of the lack of qualification of:  (a) A person other than the broker-dealer if the broker-dealer is a natural person; or  (b) A sales representative of the broker-dealer.  2. The Administrator may not enter an order against an investment adviser because of the lack of qualification of:  (a) A person other than the investment adviser, if the investment adviser is a natural person; or  (b) Any representative of an investment adviser or other person who represents the investment adviser in doing an act that makes the person an investment adviser.  3. The Administrator may not enter an order solely on the basis of lack of experience if the applicant or registrant is qualified by training or knowledge, or both.  4. The Administrator shall consider that:  (a) A sales representative who will work under the supervision of a licensed broker-dealer need not have the same qualifications as a broker-dealer; and  (b) A representative of an investment adviser who will work under the supervision of a licensed investment adviser need not have the same qualifications as an investment adviser.  5. The Administrator shall consider that an investment adviser is not necessarily qualified solely on the basis of experience as a broker-dealer or sales representative.  (Added to NRS by 1987, 2160; A 1989, 160; 1995, 1449)
NV Rev Stat § 90.435 (2021)
2021 Nevada Revised Statutes|Chapter 90 - Securities (Uniform Act)|NRS 90.435 - Mandatory suspension of license for failure to pay child support or comply with certain subpoenas or warrants; reinstatement of license. [Effective until the date of the repeal of 42 U.S.C. § 666, the federal law requiring each state to establish procedures for withholding, suspending and restricting the professional, occupational and recreational licenses for child support arrearages and for noncompliance with certain processes relating to paternity or child support proceedings.]

  1. If the Administrator receives a copy of a court order issued pursuant to NRS 425.540 that provides for the suspension of all professional, occupational and recreational licenses, certificates and permits issued to a person who is the holder of a license as a broker-dealer, sales representative, investment adviser, representative of an investment adviser or transfer agent, the Administrator shall deem the license issued to that person to be suspended at the end of the 30th day after the date on which the court order was issued unless the Administrator receives a letter issued to the holder of the license by the district attorney or other public agency pursuant to NRS 425.550 stating that the holder of the license has complied with the subpoena or warrant or has satisfied the arrearage pursuant to NRS 425.560.  2. The Administrator shall reinstate a license as a broker-dealer, sales representative, investment adviser, representative of an investment adviser or transfer agent that has been suspended by a district court pursuant to NRS 425.540 if the Administrator receives a letter issued by the district attorney or other public agency pursuant to NRS 425.550 to the person whose license was suspended stating that the person whose license was suspended has complied with the subpoena or warrant or has satisfied the arrearage pursuant to NRS 425.560.  (Added to NRS by 1997, 2035; A 2007, 1343)
NV Rev Stat § 90.440 (2021)
2021 Nevada Revised Statutes|Chapter 90 - Securities (Uniform Act)|NRS 90.440 - Withdrawal.

  1. An application for a license may be withdrawn by the applicant without prejudice before the license becomes effective.  2. Withdrawal from licensing as a broker-dealer, sales representative, investment adviser or representative of an investment adviser becomes effective 30 days after receipt by the Administrator of an application to withdraw or within such shorter period as the Administrator determines, unless:  (a) A proceeding to revoke or suspend is pending when the application is filed;  (b) A proceeding to revoke or suspend or to impose conditions upon the withdrawal is instituted within 30 days after the application is filed; or  (c) Additional information is requested by the Administrator regarding the application.  3. If a proceeding is pending or instituted under subsection 2, withdrawal becomes effective at the time and upon the conditions the Administrator by order determines. If additional information is requested, withdrawal is effective 30 days after the additional information is filed. Although no proceeding is pending or instituted and withdrawal becomes effective, the Administrator may institute a proceeding pursuant to NRS 90.420 within 2 years after withdrawal became effective and enter an order as of the last date on which licensing was effective.  (Added to NRS by 1987, 2160; A 1989, 160; 1995, 1449; 2001, 1157)
NV Rev Stat § 90.450 (2021)
2021 Nevada Revised Statutes|Chapter 90 - Securities (Uniform Act)|NRS 90.450 - Custody of client’s securities and money.

  1. Unless prohibited by regulation or order of the Administrator, an investment adviser registered under the Investment Advisers Act of 1940 may take or retain custody of securities or money of a client.  2. To the extent permitted by regulation or order of the Administrator, an investment adviser exempt from registration under the Investment Advisers Act of 1940, but licensed as an investment adviser under this chapter, may take or retain custody of securities or money of a client.  (Added to NRS by 1987, 2160; A 1989, 160)
NV Rev Stat § 90.453 (2021)
2021 Nevada Revised Statutes|Chapter 90 - Securities (Uniform Act)|NRS 90.453 - Registration required; exemption; regulations; investigation of persons associated with applicant; denial, suspension or revocation.

  1. Except as otherwise provided in subsection 2, a person shall not operate a securities exchange in this State unless it has been registered with the Securities Division.  2. A securities exchange which is registered with the United States Securities and Exchange Commission is exempt from the requirements for registration set forth in this section.  3. The Administrator shall adopt regulations necessary to carry out the provisions of this section, including regulations prescribing:  (a) Requirements for the registration and operation of a securities exchange;  (b) The fees for the registration of a securities exchange; and  (c) The requirements for bonding and minimum capitalization of a securities exchange.  4. The Administrator shall investigate the qualifications of each person associated with an applicant for registration as a securities exchange. The applicant shall pay the cost of the investigation.  5. The Administrator may deny, suspend or revoke the registration of a securities exchange, or place conditions, limitations or restrictions on the registration, if the Administrator determines that such action is in the public interest and any of the provisions of subsection 1 of NRS 90.420 are applicable to a person associated with the securities exchange.  (Added to NRS by 1993, 2414; A 1997, 503)
NV Rev Stat § 90.4535 (2021)
2021 Nevada Revised Statutes|Chapter 90 - Securities (Uniform Act)|NRS 90.4535 - Description of person "associated with" securities exchange or applicant for registration.

A person is "associated with" a securities exchange or an applicant for registration as such if the person is:  1. An officer, director, shareholder, employee or other agent, client, customer or member of the securities exchange or applicant;  2. A partner, officer or director of a member of the securities exchange; or  3. An employee of a member of the securities exchange who is licensed pursuant to this chapter or registered pursuant to the Securities Exchange Act of 1934.  (Added to NRS by 1997, 503)
NV Rev Stat § 90.454 (2021)
2021 Nevada Revised Statutes|Chapter 90 - Securities (Uniform Act)|NRS 90.454 - Limitations on trading of security.

A securities exchange located in this State shall not allow the trading of a security in this State unless it is issued by a corporation which has complied with the requirements of this chapter and any other applicable requirements of federal or state law.  (Added to NRS by 1993, 2415)
NV Rev Stat § 90.456 (2021)
2021 Nevada Revised Statutes|Chapter 90 - Securities (Uniform Act)|NRS 90.456 - Fee for transactions.

  1. The Administrator may charge a fee not to exceed 0.5 percent of the total value of each transaction involving the purchase, sale or other transfer of a security conducted by a securities exchange located in this State.  2. The Administrator may adopt by regulation or order, and shall cause to be published, a table of fees based upon the direct cost of regulating the securities exchange.  (Added to NRS by 1993, 2415; A 1997, 504; 2003, 20th Special Session, 115)
NV Rev Stat § 90.457 (2021)
2021 Nevada Revised Statutes|Chapter 90 - Securities (Uniform Act)|NRS 90.457 - Use of unregistered exchange by broker-dealer or representative prohibited.

A broker-dealer or a representative of a broker-dealer shall not use a securities exchange to effect or report any transaction concerning a security unless the securities exchange is registered with the Securities Division or is exempt from the requirements for registration pursuant to NRS 90.453.  (Added to NRS by 1993, 2415)
NV Rev Stat § 90.460 (2021)
2021 Nevada Revised Statutes|Chapter 90 - Securities (Uniform Act)|NRS 90.460 - Registration requirement.

It is unlawful for a person to offer to sell or sell any security in this State unless the security is registered or the security or transaction is exempt under this chapter.  (Added to NRS by 1987, 2161; A 1989, 160)
NV Rev Stat § 90.465 (2021)
2021 Nevada Revised Statutes|Chapter 90 - Securities (Uniform Act)|NRS 90.465 - Expeditious processing of notice of claim of exemption from registration requirement.

  1. A person who files a notice of claim of exemption from the registration requirements of NRS 90.460 may request expeditious processing of the claim by paying an additional fee per filing for the expeditious processing.  2. For a fee of $100 per filing, the Administrator shall issue a notification of acceptance within 24 hours after receipt of the filing.  3. For a fee of $200 per filing, the Administrator shall issue a notification of acceptance on the same date on which the filing is received, if the filing is received by the Administrator before noon Pacific Standard Time.  (Added to NRS by 2003, 20th Special Session, 24, 25, 26)
NV Rev Stat § 90.540 (2021)
2021 Nevada Revised Statutes|Chapter 90 - Securities (Uniform Act)|NRS 90.540 - Additional exemptions; fee.

  1. The Administrator by regulation or order may:  (a) Exempt any other security or transaction or class of securities or transactions from NRS 90.460 and 90.560.  (b) Adopt a transactional exemption for limited offerings that will further the objectives of compatibility with the exemptions from securities registration authorized by the Securities Act of 1933 and uniformity among the states.  (c) Require the filing of a notice for an exemption adopted pursuant to this section.  2. Except as otherwise provided in NRS 90.565 and 90.567, the Administrator shall require the payment of a fee of not less than $300 and not more than $500 for an exemption adopted pursuant to this section.  (Added to NRS by 1987, 2177; A 1989, 160; 1993, 1227; 1997, 495; 2003, 20th Special Session, 25, 124)
NV Rev Stat § 90.550 (2021)
2021 Nevada Revised Statutes|Chapter 90 - Securities (Uniform Act)|NRS 90.550 - Revocation of exemptions.

  1. The Administrator by order may deny or revoke an exemption specified in NRS 90.520 or 90.530, with respect to a specific security or transaction. An order under this subsection is not retroactive.  2. A person does not violate NRS 90.460 or 90.560 by reason of an offer to sell or sale effected after the entry of an order under this section if the person did not know, and in the exercise of reasonable care could not have known, of the order.  (Added to NRS by 1987, 2177; A 1989, 160)
NV Rev Stat § 90.560 (2021)
2021 Nevada Revised Statutes|Chapter 90 - Securities (Uniform Act)|NRS 90.560 - Filing of sales and advertising literature.

The Administrator by regulation or order may require the filing of any prospectus, pamphlet, circular, form letter, advertisement or other sales literature or advertising communication addressed or intended for distribution to prospective investors, including clients or prospective clients of an investment adviser unless the security or transaction is exempt under NRS 90.520 or 90.530 or the investment adviser is exempt under NRS 90.340.  (Added to NRS by 1987, 2177; A 1989, 160)
NV Rev Stat § 90.565 (2021)
2021 Nevada Revised Statutes|Chapter 90 - Securities (Uniform Act)|NRS 90.565 - Filing of notice before initial offering of securities.

An offering of securities is exempt from the provisions of NRS 90.460 and 90.560 if:  1. The securities are set forth in subparagraph (2) of paragraph (b) of section 18 of the Securities Act of 1933, 15 U.S.C. § 77r(b)(2); and  2. Before the initial offering in this State of the securities:  (a) A copy of the issuer’s federal registration statement is filed with the Securities and Exchange Commission; or  (b) A notice on Form NF or Form N-9, as prescribed by the Administrator, is filed with the Administrator with a fee of $500.  (Added to NRS by 2003, 20th Special Session, 24, 25, 26)
NV Rev Stat § 90.567 (2021)
2021 Nevada Revised Statutes|Chapter 90 - Securities (Uniform Act)|NRS 90.567 - Filing of notice after first sale of securities.

  1. If, pursuant to NRS 90.540, the Administrator by regulation or order exempts from the provisions of NRS 90.460 and 90.560 an offer to sell or the sale of a security by an issuer to persons who are or the issuer believes are accredited investors, the issuer shall, within 15 days after the first sale in this State, file with the Administrator a fee of $500.  2. As used in this section, "accredited investor" has the meaning ascribed to it in 17 C.F.R. § 230.501(a).  (Added to NRS by 2003, 20th Special Session, 24, 25, 26)
NV Rev Stat § 90.570 (2021)
2021 Nevada Revised Statutes|Chapter 90 - Securities (Uniform Act)|NRS 90.570 - Offer, sale and purchase.

In connection with the offer to sell, sale, offer to purchase or purchase of a security, a person shall not, directly or indirectly:  1. Employ any device, scheme or artifice to defraud;  2. Make an untrue statement of a material fact or omit to state a material fact necessary in order to make the statements made not misleading in the light of the circumstances under which they are made; or  3. Engage in an act, practice or course of business which operates or would operate as a fraud or deceit upon a person.  (Added to NRS by 1987, 2178; A 1989, 160)
NV Rev Stat § 90.575 (2021)
2021 Nevada Revised Statutes|Chapter 90 - Securities (Uniform Act)|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.  (Added to NRS by 2017, 1797)
NV Rev Stat § 90.580 (2021)
2021 Nevada Revised Statutes|Chapter 90 - Securities (Uniform Act)|NRS 90.580 - Manipulation of market.

  1. Without limiting the general applicability of NRS 90.570, a person shall not:  (a) Quote a fictitious price with respect to a security;  (b) Effect a transaction in a security which involves no change in the beneficial ownership of the security for the purpose of creating a false or misleading appearance of active trading in a security or with respect to the market for the security;  (c) Enter an order for the purchase of a security with the knowledge that an order of substantially the same size and at substantially the same time and price for the sale of the security has been or will be entered by or for the same or affiliated person for the purpose of creating a false or misleading appearance of active trading in a security or with respect to the market for the security;  (d) Enter an order for the sale of a security with knowledge that an order of substantially the same size and at substantially the same time and price for the purchase of the security has been or will be entered by or for the same or affiliated person for the purpose of creating a false or misleading appearance of active trading in a security or with respect to the market for the security;  (e) Employ any other deceptive or fraudulent device, scheme or artifice to manipulate the market in a security; or  (f) Put off, circulate or publish any false or misleading writing, statement or intelligence regarding a security that is publicly traded.  2. Transactions effected in compliance with, or conduct which does not violate, the applicable provisions of the Securities Exchange Act of 1934 and the rules and regulations of the Securities and Exchange Commission thereunder are not violations of subsection 1.  (Added to NRS by 1987, 2178; A 1989, 159; 2013, 176)
NV Rev Stat § 90.590 (2021)
2021 Nevada Revised Statutes|Chapter 90 - Securities (Uniform Act)|NRS 90.590 - Prohibited transactions by investment advisers and representatives of investment advisers.

It is unlawful for an investment adviser, representative of an investment adviser or other person who represents an investment adviser in performing an act that requires licensing as an investment adviser under this chapter, directly or indirectly, to:  1. Employ a device, scheme or artifice to defraud a client; or  2. Engage in an act, practice or course of business that operates or would operate as a fraud or deceit upon a client.  (Added to NRS by 1987, 2178; A 1989, 160; 1995, 1450)
NV Rev Stat § 90.600 (2021)
2021 Nevada Revised Statutes|Chapter 90 - Securities (Uniform Act)|NRS 90.600 - Misleading filings.

It is unlawful for a person to make or cause to be made, in a record filed with the Administrator or in a proceeding under this chapter a statement that the person knows or has reasonable grounds to know is, at the time and in the light of the circumstances under which it is made, false or misleading in a material respect.  (Added to NRS by 1987, 2178; A 1989, 160; 2003, 3175)
NV Rev Stat § 90.605 (2021)
2021 Nevada Revised Statutes|Chapter 90 - Securities (Uniform Act)|NRS 90.605 - False or fraudulent representations in investigations, proceedings or prosecutions; offering false evidence; destroying evidence.

In any investigation, proceeding or prosecution with respect to any violation of a provision of this chapter, a regulation adopted pursuant to this chapter, an order denying, suspending or revoking the effectiveness of registration or an order to cease and desist issued by the Administrator, a person shall not willfully:  1. Make any materially false, fictitious or fraudulent statement or representation;  2. Offer or procure to be offered into evidence, as genuine, any book, paper, document or record if the person knows that the book, paper, document or record has been forged or fraudulently altered; or  3. Destroy, alter, erase, obliterate or conceal, or cause to be destroyed, altered, erased, obliterated or concealed, any book, paper, document or record, with the intent to:  (a) Conceal any violation of any provision of this chapter, a regulation adopted pursuant to this chapter, an order denying, suspending or revoking the effectiveness of registration or an order to cease and desist issued by the Administrator;  (b) Protect or conceal the identity of any person who has violated any provision of this chapter, a regulation adopted pursuant to this chapter, an order denying, suspending or revoking the effectiveness of registration or an order to cease and desist issued by the Administrator; or  (c) Delay or hinder the investigation or prosecution of any person for any violation of any provision of this chapter, a regulation adopted pursuant to this chapter, an order denying, suspending or revoking the effectiveness of registration or an order to cease and desist issued by the Administrator.  (Added to NRS by 2003, 20th Special Session, 272; A 2013, 176)
NV Rev Stat § 90.610 (2021)
2021 Nevada Revised Statutes|Chapter 90 - Securities (Uniform Act)|NRS 90.610 - Unlawful representation concerning licensing, registration or exemption.

  1. Neither the fact that an application for licensing or a statement has been filed under this chapter, nor the fact that a person is licensed or a security is registered under this chapter constitutes a finding by the Administrator that any record filed under this chapter is true, complete and not misleading. Neither of those facts nor the fact that an exemption or exception is available for a security or a transaction means that the Administrator has passed upon the merits or qualifications of, or recommended or given approval to, any person, security or transaction.  2. It is unlawful to make, or cause to be made, to a purchaser, customer or client a representation inconsistent with subsection 1.  (Added to NRS by 1987, 2179; A 1989, 160; 2003, 3175)
NV Rev Stat § 90.611 (2021)
2021 Nevada Revised Statutes|Chapter 90 - Securities (Uniform Act)|NRS 90.611 - Definitions.

As used in NRS 90.611 to 90.6145, inclusive, unless the context otherwise requires, the words and terms defined in NRS 90.6115 to 90.6135, inclusive, have the meanings ascribed to them in those sections.  (Added to NRS by 2015, 2020)
NV Rev Stat § 90.6115 (2021)
2021 Nevada Revised Statutes|Chapter 90 - Securities (Uniform Act)|NRS 90.6115 - "Designated reporter" defined.

Designated reporter means a person designated by a broker-dealer or investment adviser to receive reports of known or suspected exploitation of an older person or vulnerable person pursuant to NRS 90.6145.  (Added to NRS by 2015, 2020)
NV Rev Stat § 90.612 (2021)
2021 Nevada Revised Statutes|Chapter 90 - Securities (Uniform Act)|NRS 90.612 - "Exploitation" defined.

Exploitation has the meaning ascribed to it in NRS 200.5092.  (Added to NRS by 2015, 2020)
NV Rev Stat § 90.6125 (2021)
2021 Nevada Revised Statutes|Chapter 90 - Securities (Uniform Act)|NRS 90.6125 - "Older person" defined.

Older person has the meaning ascribed to it in NRS 200.5092.  (Added to NRS by 2015, 2020)
NV Rev Stat § 90.613 (2021)
2021 Nevada Revised Statutes|Chapter 90 - Securities (Uniform Act)|NRS 90.613 - "Reasonable cause to believe" defined.

Reasonable cause to believe has the meaning ascribed to it in NRS 200.50925.  (Added to NRS by 2015, 2020)
NV Rev Stat § 90.6135 (2021)
2021 Nevada Revised Statutes|Chapter 90 - Securities (Uniform Act)|NRS 90.6135 - "Vulnerable person" defined.

Vulnerable person has the meaning ascribed to it in NRS 200.5092.  (Added to NRS by 2015, 2020)