1. Registered representative permits shall be granted only to persons who:
(a) Bear a good reputation for honesty, truthfulness and fair dealing;
(b) Are of good moral character;
(c) Are competent to transact the business of a registered representative in such a manner as to safeguard the interests of the public; and
(d) Meet such other reasonable requirements as the Division may promulgate.
2. The Division shall establish rules and regulations to carry out the provisions of this section.
(Added to NRS by 1973, 1759)