48 Neb. Admin. Code, ch. 5, § 012 - SUITABILITY
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.
Notes
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