"Proscribed activity" means:
1. An activity that necessitates a change or amendment to the corporate charter, bylaws, management, policies or operation of a publicly traded corporation that is registered with the Commission;
2. An activity that materially influences or affects the affairs of a publicly traded corporation that is registered with the Commission; or
3. Any other activity determined by the Commission to be inconsistent with holding voting securities for investment purposes only.
(Added to NRS by 2019, 1274, effective January 1, 2020)