Does maintaining a place of business in the state trigger a notice filing (regardless of number of clients)?
Yes.
NEB. REV. STAT. § 8-1103(2)(b)(2017)
What is the maximum number of clients adviser can have in the state without triggering a notice filing?
0
NEB. REV. STAT. § 8-1103(2)(b) (2017)
NEB. REV. STAT. § 8-1101(7)(g)(i)(2017)
What sorts of clients are not counted for purposes of determining whether to notice file?
- other investment advisers,
- federal covered advisers,
- broker-dealers,
- banks,
- savings institutions,
- credit unions,
- trust companies,
- insurance companies,
- investment companies as defined in the Investment Company Act of 1940,
- pension or profit-sharing trusts, or
- other financial institutions or institutional buyers, whether acting for themselves or as trustees.
NEB. REV. STAT. § 8-1101(7)(g)(i)(2017)
Viewing of these pages does not establish an attorney-client relationship. The information above is informational purposes only and should not be construed as legal advice. A lawyer should be consulted to confirm both applicability and any other issues that might affect or apply to your situation.