90.456 - Fee for transactions.
90.456 Fee for transactions.
1. The Administrator may charge a fee not to exceed 0.5 percent of the total value of each transaction involving the purchase, sale or other transfer of a security conducted by a securities exchange located in this State.
2. The Administrator may adopt by regulation or order, and shall cause to be published, a table of fees based upon the direct cost of regulating the securities exchange.
(Added to NRS by 1993, 2415; A 1997, 504; 2003, 20th Special Session, 115)
NRS 90.457 Use of unregistered exchange by broker-dealer or representative prohibited. A broker-dealer or a representative of a broker-dealer shall not use a securities exchange to effect or report any transaction concerning a security unless the securities exchange is registered with the Securities Division or is exempt from the requirements for registration pursuant to NRS 90.453.
(Added to NRS by 1993, 2415)