An offering of securities is exempt from the provisions of NRS 90.460 and 90.560 if:
1. The securities are set forth in subparagraph (2) of paragraph (b) of section 18 of the Securities Act of 1933, 15 U.S.C. § 77r(b)(2); and
2. Before the initial offering in this State of the securities:
(a) A copy of the issuer’s federal registration statement is filed with the Securities and Exchange Commission; or
(b) A notice on Form NF or Form N-9, as prescribed by the Administrator, is filed with the Administrator with a fee of $500.