reglab/housing_qa huggingface dataset:
NV Rev Stat § 90.614 (2021)
2021 Nevada Revised Statutes|Chapter 90 - Securities (Uniform Act)|NRS 90.614 - Duty of broker-dealers and investment advisers to provide training; reporting to designated reporter.

  1. Each broker-dealer and investment adviser shall provide training concerning the identification and reporting of the suspected exploitation of an older person or vulnerable person to each sales representative, representative of the investment adviser and officer and employee of the broker-dealer or investment adviser who may:  (a) As part of his or her regular duties for the broker-dealer or investment adviser, come into direct contact with an older person or vulnerable person;  (b) Review or approve the financial documents, records or transactions of an older person or vulnerable person in connection with the offer, sale or purchase of securities; or  (c) Offer advice as to the value or advisability of investing in, purchasing or selling securities to an older person or vulnerable person.  2. The training required pursuant to subsection 1:  (a) Must be provided as soon as reasonably practicable, but not later than 6 months after the sales representative, representative of the investment adviser or officer or employee is employed by the broker-dealer or investment adviser; and  (b) May be part of any existing continuing education or training program required to be completed by the sales representative, representative of the investment adviser or officer or employee of the broker-dealer or investment adviser.  3. The training required pursuant to subsection 1 must include, without limitation:  (a) An explanation of the conduct which constitutes exploitation of an older person or vulnerable person;  (b) The manner in which exploitation of an older person or vulnerable person may be recognized;  (c) Information concerning the manner in which reports of exploitation of an older person or vulnerable person are investigated; and  (d) Instruction concerning when and how to report known or suspected exploitation of an older person or vulnerable person.  4. A sales representative, representative of an investment adviser or officer or employee of a broker-dealer or investment adviser who has observed or has knowledge of an incident that is directly related to a transaction or matter which is within his or her scope of practice and which reasonably appears to be exploitation of an older person or vulnerable person shall report the known or suspected exploitation to a designated reporter pursuant to NRS 90.6145.  (Added to NRS by 2015, 2020)
NV Rev Stat § 90.6145 (2021)
2021 Nevada Revised Statutes|Chapter 90 - Securities (Uniform Act)|NRS 90.6145 - Designated reporter: Designation; duty to report; immunity.

  1. Each broker-dealer and investment adviser shall designate a person or persons to whom a sales representative, representative of the investment adviser or officer or employee of the broker-dealer or investment adviser must report known or suspected exploitation of an older person or vulnerable person.  2. If a sales representative, representative of an investment adviser or officer or employee of the broker-dealer or investment adviser reports known or suspected exploitation of an older person or vulnerable person to a designated reporter and, based on such a report or based on his or her own observations or knowledge, the designated reporter knows or has reasonable cause to believe that an older person or vulnerable person has been exploited, the designated reporter shall:  (a) Except as otherwise provided in subsection 3, report the known or suspected exploitation of the older person or vulnerable person to:  (1) The local office of the Aging and Disability Services Division of the Department of Health and Human Services;  (2) A police department or sheriff’s office;  (3) The county’s office for protective services, if one exists in the county where the suspected exploitation occurred; or  (4) A toll-free telephone service designated by the Aging and Disability Services Division; and  (b) Make such a report as soon as reasonably practicable.  3. If the designated reporter knows or has reasonable cause to believe that the exploitation of an older person or vulnerable person involves an act or omission of the Aging and Disability Services Division, another division of the Department of Health and Human Services or a law enforcement agency, the designated reporter shall make the report to an agency other than the agency alleged to have committed the act or omission.  4. In accordance with the provisions of subsection 3 of NRS 239A.070, in making a report pursuant to this section, a designated reporter may:  (a) Disclose any fact or information that forms the basis of the determination that the designated reporter knows or has reasonable cause to believe that an older person or vulnerable person has been exploited, including, without limitation, the identity of any person believed to be involved in the exploitation of the older person or vulnerable person; and  (b) Provide any financial records or other documentation relating to the exploitation of the older person or vulnerable person.  5. A sales representative, representative of an investment adviser or officer or employee of a broker-dealer or investment adviser and a designated reporter are entitled to the immunity from liability set forth in NRS 200.5096 for making a report pursuant to this section in good faith.  (Added to NRS by 2015, 2021; A 2019, 3474)
NV Rev Stat § 90.615 (2021)
2021 Nevada Revised Statutes|Chapter 90 - Securities (Uniform Act)|NRS 90.615 - Authority of Attorney General and district attorney.

  1. The Attorney General may investigate and prosecute 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.  2. The district attorney of the appropriate county may prosecute any such violation:  (a) At the request of the Attorney General; or  (b) If the Attorney General does not prosecute such a violation.  (Added to NRS by 1991, 593)
NV Rev Stat § 90.650 (2021)
2021 Nevada Revised Statutes|Chapter 90 - Securities (Uniform Act)|NRS 90.650 - Criminal penalties.

  1. A person who willfully violates:  (a) A provision of this chapter, except NRS 90.600, or who violates NRS 90.600 knowing that the statement made is false or misleading in any material respect;  (b) A regulation adopted pursuant to this chapter; or  (c) An order denying, suspending or revoking the effectiveness of registration or an order to cease and desist issued by the Administrator pursuant to this chapter,  is guilty of a category B felony and shall be punished by imprisonment in the state prison for a minimum term of not less than 1 year and a maximum term of not more than 20 years, or by a fine of not more than $500,000, or by both fine and imprisonment, for each violation. In addition to any other penalty, the court shall order the person to pay restitution and may order the person to repay the costs of investigation and prosecution incurred by the Division and the Office of the Attorney General. If the violation was committed against an older person or vulnerable person, any restitution and costs of investigation and prosecution imposed by the court must be in an amount equal to twice the amount that would otherwise have been imposed by the court. Money recovered for reimbursement of the costs of investigation and prosecution must be deposited with the State Treasurer for credit to the State General Fund.  2. A person convicted of violating a regulation or order under this chapter may be fined, but must not be imprisoned, if the person proves lack of knowledge of the regulation or order.  3. This chapter does not limit the power of the State to punish a person for conduct which constitutes a crime under other law.  4. As used in this section:  (a) "Older person" has the meaning ascribed to it in NRS 200.5092.  (b) "Vulnerable person" has the meaning ascribed to it in NRS 200.5092.  (Added to NRS by 1987, 2181; A 1989, 159; 1993, 938; 1995, 1242; 1997, 495; 2003, 20th Special Session, 273; 2009, 2563; 2015, 2025; 2017, 1322)
NV Rev Stat § 90.670 (2021)
2021 Nevada Revised Statutes|Chapter 90 - Securities (Uniform Act)|NRS 90.670 - Statute of limitations.

A person may not sue under NRS 90.660 unless suit is brought within the earliest of 2 years after the discovery of the violation, 2 years after discovery should have been made by the exercise of reasonable care, or 5 years after the act, omission or transaction constituting the violation.  (Added to NRS by 1987, 2183; A 1989, 160; 1993, 1229; 2003, 20th Special Session, 273)
NV Rev Stat § 90.680 (2021)
2021 Nevada Revised Statutes|Chapter 90 - Securities (Uniform Act)|NRS 90.680 - Offer of rescission and settlement.

  1. Relief may not be obtained under subsection 1 of NRS 90.660 if, before suit is commenced, the purchaser:  (a) Receives a written offer:  (1) Stating the respect in which liability under NRS 90.660 may have arisen and fairly advising the purchaser of the purchaser’s rights of rescission;  (2) If the basis for relief under subsection 1 of NRS 90.660 is a violation of subsection 2 of NRS 90.570, including financial and other information necessary to correct all material misstatements or omissions in the information which was required by this chapter to be furnished to the purchaser as of the time of the sale of the security to the purchaser;  (3) Offering to repurchase the security for cash, payable on delivery of the security, equal to the consideration paid, plus interest at the legal rate of this State from the date of payment, less income received thereon, or, if the purchaser no longer owns the security, offering to pay the purchaser upon acceptance of the offer an amount in cash equal to the damages computed under subsection 1 of NRS 90.660 plus attorney’s fees; and  (4) Stating that the offer may be accepted by the purchaser at any time within a specified period of not less than 30 days after the date of its receipt by the purchaser or such shorter or longer time as the Administrator by order prescribes; and  (b) Fails to accept the offer in writing within the period specified under subparagraph (4) of paragraph (a).  2. The Administrator by regulation may prescribe the form in which the information specified in subsection 1 must be contained in an offer made under subsection 1.  3. An offer under subsection 1 must be delivered to the offeree or sent in a manner which assures actual receipt by the offeree.  4. If, after acceptance, a rescission offer is not performed in accordance with either its terms or this section, the offeree may obtain relief under NRS 90.660 without regard to this section.  (Added to NRS by 1987, 2183; A 1989, 160)
NV Rev Stat § 90.690 (2021)
2021 Nevada Revised Statutes|Chapter 90 - Securities (Uniform Act)|NRS 90.690 - Burden of proof.

  1. In a civil action or administrative proceeding under this chapter, a person claiming an exemption or an exception from a definition has the burden of proving the exemption or exception.  2. In a criminal proceeding, the burden of going forward with evidence of a claim of exemption or exception from a definition is on the person claiming it.  (Added to NRS by 1987, 2184; A 1989, 160; 1991, 609)
NV Rev Stat § 90.700 (2021)
2021 Nevada Revised Statutes|Chapter 90 - Securities (Uniform Act)|NRS 90.700 - Liability: General provisions.

  1. Except as provided in NRS 90.680, a tender required under this chapter may be made before entry of judgment.  2. The rights and remedies provided by this chapter are in addition to any other rights or remedies that may exist at law or in equity but this chapter does not create any claim for relief not specified in NRS 90.620 to 90.690, inclusive.  3. A claim for relief under this chapter survives the death of a person who might have obtained relief as a plaintiff or defendant.  (Added to NRS by 1987, 2184; A 1989, 160)
NV Rev Stat § 90.710 (2021)
2021 Nevada Revised Statutes|Chapter 90 - Securities (Uniform Act)|NRS 90.710 - Administration of chapter.

  1. This chapter must be administered by the Secretary of State and the Administrator. The Secretary of State may employ personnel necessary to administer the provisions of this chapter.  2. All money received by the Division or the Administrator pursuant to this chapter must be deposited with the state Treasurer for credit to the State General Fund.  (Added to NRS by 1987, 2184; A 1989, 160; 1991, 1752; 2017, 1323)
NV Rev Stat § 90.715 (2021)
2021 Nevada Revised Statutes|Chapter 90 - Securities (Uniform Act)|NRS 90.715 - Strict interpretation of provisions; waiver of enforcement; no-action letter; fee.

  1. Except as otherwise provided in this section, the Division shall interpret strictly the provisions of this chapter and the regulations adopted pursuant thereto and shall not waive the enforcement of any such provision.  2. Subject to the provisions of this section and at the sole discretion of the Administrator, the Division may:  (a) Grant a waiver of the enforcement of any provision of this chapter or the regulations adopted pursuant thereto if the Administrator determines that the waiver is appropriate under the circumstances and is clearly within the authority of the Division to grant.  (b) Issue a no-action letter relating to a proposed transaction. Such a letter must not be issued in any case in which the issue presented may be resolved through a careful reading of the relevant provisions of this chapter or the regulations adopted pursuant thereto or through an interpretation of those provisions by competent counsel.  3. A request for a waiver or no-action letter must be submitted in writing to the office of the Administrator, accompanied by a fee of $200.  4. Except under extraordinary circumstances, the Division shall not respond to any request:  (a) Involving the antifraud provisions of this chapter or the regulations adopted pursuant thereto; or  (b) Relating to a transaction that has been consummated.  5. Unless otherwise specified in writing by the Division, a waiver or no-action letter is limited to the specific security, case, matter or transaction at hand and has no precedential value in any other context.  6. As used in this section, "no-action letter" means a written communication issued by the Division by which a person is advised that a transaction carried out under a set of assumed facts will not result in a recommendation by the staff of the Division that an enforcement action be taken.  (Added to NRS by 2003, 20th Special Session, 23, 25, 26)
NV Rev Stat § 90.720 (2021)
2021 Nevada Revised Statutes|Chapter 90 - Securities (Uniform Act)|NRS 90.720 - Prohibitions on use of information.

The Administrator and employees of the Division shall not use information filed with or obtained by the Division for their personal gain or benefit or the gain or benefit of another person. The Administrator and employees of the Division shall not conduct securities dealings based upon public information filed with the Division before there has been a sufficient period for the securities markets to assimilate the information.  (Added to NRS by 1987, 2184; A 1989, 160)
NV Rev Stat § 90.730 (2021)
2021 Nevada Revised Statutes|Chapter 90 - Securities (Uniform Act)|NRS 90.730 - Public information and confidentiality.

  1. Except as otherwise provided in subsection 2, information and records filed with or obtained by the Administrator are public information and are available for public examination.  2. Except as otherwise provided in subsections 3 and 4 and NRS 239.0115, the following information and records do not constitute public information under subsection 1 and are confidential:  (a) Information or records obtained by the Administrator in connection with an investigation concerning possible violations of this chapter; and  (b) Information or records filed with the Administrator in connection with a registration statement filed under this chapter or a report under NRS 90.390 which constitute trade secrets or commercial or financial information of a person for which that person is entitled to and has asserted a claim of privilege or confidentiality authorized by law.  3. The Administrator may submit any information or evidence obtained in connection with an investigation to the:  (a) Attorney General or appropriate district attorney for the purpose of prosecuting a criminal action under this chapter; and  (b) Department of Taxation for its use in carrying out the provisions of chapters 363A and 363C of NRS.  4. The Administrator may disclose any information obtained in connection with an investigation pursuant to NRS 90.620 to the agencies and administrators specified in subsection 1 of NRS 90.740 but only if disclosure is provided for the purpose of a civil, administrative or criminal investigation or proceeding, and the receiving agency or administrator represents in writing that under applicable law protections exist to preserve the integrity, confidentiality and security of the information.  5. This chapter does not create any privilege or diminish any privilege existing at common law, by statute, regulation or otherwise.  (Added to NRS by 1987, 2184; A 1989, 160; 1991, 609; 2003, 3176; 2005, 1783; 2007, 2069; 2015, 2927)
NV Rev Stat § 90.740 (2021)
2021 Nevada Revised Statutes|Chapter 90 - Securities (Uniform Act)|NRS 90.740 - Cooperation with other agencies.

  1. To encourage uniform interpretation and administration of this chapter and effective securities regulation and enforcement, the Administrator and the employees of the Division may cooperate with the securities agencies or administrator of one or more states, Canadian provinces or territories, or another country, the Securities and Exchange Commission, the Commodity Futures Trading Commission, the Securities Investor Protection Corporation, any self-regulatory organization, any national or international organization of securities officers or agencies and any governmental law enforcement or regulatory agency.  2. The cooperation authorized by subsection 1 includes:  (a) Establishing a central depository for licensing or registration under this chapter and for records required or allowed to be maintained under this chapter;  (b) Making a joint examination or investigation for licensing or registration;  (c) Holding a joint administrative hearing;  (d) Filing and prosecuting a joint civil or administrative proceeding;  (e) Sharing and exchanging personnel;  (f) Sharing and exchanging information and records subject to the restrictions of NRS 90.730; and  (g) Formulating, in accordance with chapter 233B of NRS, regulations or proposed regulations on matters, statements of policy, guidelines and interpretative opinions and releases.  (Added to NRS by 1987, 2185; A 1989, 160; 2003, 3177)
NV Rev Stat § 90.750 (2021)
2021 Nevada Revised Statutes|Chapter 90 - Securities (Uniform Act)|NRS 90.750 - Regulations, forms and orders.

  1. The Administrator may adopt regulations further defining such words and terms as are necessary for an understanding of the provisions of this chapter and any regulations adopted pursuant thereto.  2. To keep regulations adopted by the Administrator in harmony with the regulations adopted by the Securities and Exchange Commission under the federal securities laws and to encourage uniformity with the regulations of securities agencies and administrators in other states, the Administrator, so far as is consistent with this chapter, shall take into consideration the regulations adopted by the Securities and Exchange Commission and the regulations of securities agencies and administrators in other states that enact a law comparable to this chapter.  3. Unless other criteria are specifically provided in this chapter or special provision is made for an emergency, a regulation or order may not be adopted or entered unless the Administrator determines from evidence adduced at a public hearing and entered in the record, showing specifically how the applicable criteria are satisfied, that the action is:  (a) In the public interest and appropriate for the protection of investors; and  (b) Consistent with the purposes fairly intended by the provisions of this chapter.  4. The Administrator may use his or her own experience, technical competence, specialized knowledge, and judgment in the adoption of a regulation.  5. The Administrator by regulation or order may prescribe:  (a) The form and content of financial statements required under this chapter;  (b) The circumstances under which consolidated financial statements must be filed; and  (c) Whether a required financial statement must be certified and by whom.  Unless the Administrator by regulation or order provides otherwise, a financial statement required under this chapter must be prepared in accordance with generally accepted accounting principles or other accounting principles as are prescribed for the issuer of the financial statement by the Securities and Exchange Commission.  (Added to NRS by 1987, 2185; A 1989, 160; 1991, 610)
NV Rev Stat § 90.755 (2021)
2021 Nevada Revised Statutes|Chapter 90 - Securities (Uniform Act)|NRS 90.755 - Authority to adopt regulations and orders consistent with federal Jumpstart Our Business Startups Act.

  1. The Administrator may adopt, by regulation or order, any filing requirements, registration exemptions and licensing requirements which are consistent with the Jumpstart Our Business Startups Act, Public Law 112-106, and any regulation adopted pursuant thereto by the United States Securities and Exchange Commission, including, without limitation, regulations relating to the creation and oversight of funding portals.  2. As used in this section, "funding portal" has the meaning ascribed to it in section 3(a)(80) of the Securities Exchange Act of 1934, as amended, 15 U.S.C. §§ 78a et seq.  (Added to NRS by 2015, 2022)
NV Rev Stat § 90.760 (2021)
2021 Nevada Revised Statutes|Chapter 90 - Securities (Uniform Act)|NRS 90.760 - Good faith reliance.

No provision of this chapter imposing liability applies to an act done or omitted in good faith in conformity with:  1. A regulation or order adopted by the Administrator, notwithstanding that the regulation or order is later amended, repealed or determined by judicial or other authority to be invalid; or  2. A declaratory order or ruling issued by the Administrator.  (Added to NRS by 1987, 2186; A 1989, 160)