“Federal covered adviser” defined

NAC 90.042 “Federal covered adviser” defined. ( NRS 90.750 ) “Federal covered adviser” means a person who is: 1. Registered or required to be registered pursuant to section 203 of the Investment Advisers Act of 1940; or 2. Excluded from the definition of “investment adviser” pursuant to subparagraph (11) of paragraph (a) of section 202 of the Investment Advisers Act of 1940. (Added to NAC by Sec’y of State, eff. 10-30-97; A by R016-02, 8-6-2002; R018-21, 6-2-2023)