Nebraska Administrative Code
Topic - BANKING AND FINANCE, DEPARTMENT OF
Title 48 - DEPARTMENT OF BANKING AND FINANCE
Chapter 42 - EXCLUSION OF INVESTMENT ADVISERS TO PRIVATE FUNDS FROM THE DEFINITION OF "INVESTMENT ADVISER"
Section 48-42-003 - EXCLUSION FOR PRIVATE FUND ADVISERS

Universal Citation: 48 NE Admin Rules and Regs ch 42 ยง 003

Current through March 20, 2024

Subject to the additional requirements of section 004, below, a private fund adviser shall be excluded from the definition of "investment adviser" pursuant to Neb. Rev. Stat. § 8-1101(7)(i) if the private fund adviser satisfies each of the following conditions:

003.01 Neither the private fund adviser nor any of its advisory affiliates are subject to an event that would disqualify an issuer under Rule 506(d)(1) of SEC Regulation P. 17 C.F.R. ^ 230.506(d)(1): and

003.02 The private fund adviser files with the Department each report and amendment thereto that an exempt reporting adviser is required to file with the Securities and Exchange Commission pursuant to SEC Rule 204-4. 17 C.F.R. § 275.204-4.

Disclaimer: These regulations may not be the most recent version. Nebraska may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.