Nevada § 90.453 - Registration required; exemption; regulations; investigation of persons associated with applicant; denial, suspension or revocation
Full text of Nevada Nevada Revised Statutes § 90.453 — Registration required; exemption; regulations; investigation of persons associated with applicant; denial, suspension or revocation, with citation guidance and answers to common questions.
§ 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.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 90.453
What does Nevada Revised Statutes § 90.453 cover?
Section 90.453 ("Registration required; exemption; regulations; investigation of persons associated with applicant; denial, suspension or revocation") is part of the Nevada Revised Statutes, the codified statutory law of Nevada. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nevada § 90.453?
A common citation format is "Nevada Revised Statutes § 90.453" (Nevada). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nevada law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nevada official source linked on this page or consult a licensed Nevada attorney.
How does Nevada § 90.453 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nevada can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nevada.