Nevada Code § 90.575

Fiduciary duty of broker-dealers, sales representatives, investment advisers and representatives of investment advisers; regulations
Open in Lexace · Ask the AI about this section
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.

‹ Prev All Nevada sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.