NAC90.3868. Materials adopted by reference: Review of changes.

The Administrator will periodically review:

     1. The Statement of Policy on Unethical Business Practices of Investment Advisers of the North American Securities Administrators Association, as adopted by reference in subsection 1 of NAC 90.3864;

     2. Model Rule 203(a)(2), as adopted by reference in subsection 2 of NAC 90.3864;

     3. The provisions of 17 C.F.R. § 275.204-2, as adopted by reference in subsection 3 of NAC 90.3864; and

     4. The provisions of 17 C.F.R. § 275.204-3, as adopted by reference in subsection 4 of NAC 90.3864,

Ê and determine within 30 days after the review whether any change made to the rules or statement is appropriate for application in this State. If the Administrator does not disapprove a change to an adopted rule or statement within 30 days after the review, the change is deemed to be approved by the Administrator.

     (Added to NAC by Sec’y of State, eff. 9-15-94; A by R016-02, 8-6-2002)—(Substituted in revision for NAC 90.354)