2017 Nevada Revised Statutes
Chapter 91 - Commodities
NRS 91.200 - Persons exempted.
1. A person registered with the Commodity Futures Trading Commission as a futures commission merchant or as a leverage transaction merchant whose activities require such registration;
2. A person registered with the Securities and Exchange Commission as a broker-dealer whose activities require such registration;
3. A person affiliated with, and whose obligations and liabilities under the transaction are guaranteed by, a person referred to in subsection 1 or 2;
4. A person who is a member of a contract market designated by the Commodity Futures Trading Commission or any clearinghouse thereof;
5. A financial institution; or
6. A person registered under the laws of this State as a securities broker-dealer whose activities require such registration.
↪ The exemption provided in this section does not apply to any transaction or activity which is prohibited by the Commodity Exchange Act or by a rule of the Commodity Futures Trading Commission.
(Added to NRS by 1987, 1284)