Nebraska Administrative Code
Topic - BANKING AND FINANCE, DEPARTMENT OF
Title 48 - DEPARTMENT OF BANKING AND FINANCE
Chapter 5 - ISSUER-DEALERS
Section 48-5-012 - SUITABILITY
Universal Citation: 48 NE Admin Rules and Regs ch 5 ยง 012
Current through March 20, 2024
012.01 No issuer-dealer or agent of an issuer-dealer may sell securities of the issuer-dealer unless he or she has reasonable grounds to believe that the investment is suitable for the investor, based upon the investor's other securities holdings, and the investor's financial situation and needs.
012.02 The issuer-dealer must keep written records which establish the basis for the issuer-dealer or agent's determination that the securities of the issuer-dealer are suitable for each investor.
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.
