51-7-11.5. Certified investment advisers -- Scope of and limits to authority.
(1) A certified investment adviser may not make any investments that are inconsistent with this chapter or rules of the council.
(2) Except as provided in Subsection, a certified investment adviser acting on behalf of a public treasurer shall conduct investment transactions only through qualified depositories, certified dealers, or directly with issuers of the investment securities. (3)
(3) Subject to rules of the council, a certified investment adviser may use the adviser's own approved list of brokers and dealers.