1. Upon a proper showing by the Administrator that a person has violated, or is about to violate, any provision of this chapter or any regulation or order of the Administrator, the district court may grant appropriate legal or equitable remedies.
2. Upon a showing of a violation of this chapter or a regulation or order of the Administrator, the court, in addition to traditional legal and equitable remedies, including a temporary restraining order, a permanent or temporary prohibitory or mandatory injunction, and a writ of prohibition or mandamus, may grant the following special remedies:
(a) The imposition of a civil penalty in an amount which may not exceed $10,000 for any single violation or $100,000 for multiple violations in a single proceeding or a series of related proceedings;
(b) Disgorgement;
(c) A declaratory judgment;
(d) Restitution to investors wishing restitution;
(e) The appointment of a receiver or conservator for the defendant or the defendant’s assets; and
(f) An injunction permanently enjoining a defendant from acting as a commodity broker-dealer or a commodity sales representative.
3. Upon a showing that the defendant is about to violate this chapter or a rule or order of the Administrator, the court may grant the following remedies:
(a) A temporary restraining order;
(b) A temporary or permanent injunction;
(c) A writ of prohibition or mandamus; and
(d) An order appointing a receiver or conservator for the defendant or the defendant’s assets.
4. A court shall not require the Administrator to post a bond in any official action under this chapter.
(Added to NRS by 1987, 1288)
Structure Nevada Revised Statutes
NRS 91.010 - Purpose; construction.
NRS 91.030 - "Administrator" defined.
NRS 91.040 - "Board of trade" defined.
NRS 91.050 - "Commodity" defined.
NRS 91.060 - "Commodity contract" defined.
NRS 91.070 - "Commodity Exchange Act" defined.
NRS 91.080 - "Commodity Futures Trading Commission" defined.
NRS 91.090 - "Commodity merchant" defined.
NRS 91.100 - "Commodity option" defined.
NRS 91.110 - "Financial institution" defined.
NRS 91.130 - "Person" defined.
NRS 91.140 - "Precious metal" defined.
NRS 91.150 - "Sale" and "sell" defined.
NRS 91.170 - Cooperation with other agencies.
NRS 91.180 - Effect on chapter 90 of NRS.
NRS 91.190 - Sale or purchase of commodities prohibited; exceptions.
NRS 91.200 - Persons exempted.
NRS 91.210 - Transactions exempted.
NRS 91.220 - Prohibited activities of commodity merchant and board of trade.
NRS 91.230 - Fraudulent conduct.
NRS 91.240 - Applicability of NRS 91.190, 91.220 and 91.230.
NRS 91.250 - Liability of principals and agents.
NRS 91.260 - Regulations and orders.
NRS 91.270 - Orders: Procedure.
NRS 91.280 - Orders: Judicial review.
NRS 91.290 - Appointment of Administrator as attorney to receive service of process.
NRS 91.300 - Investigations and subpoenas.
NRS 91.310 - Enforcement by Administrator.
NRS 91.320 - Remedies for violation of this chapter.
NRS 91.330 - Remedies for violation of similar law of another jurisdiction.