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C.__A bank or savings institution if its activities as a  |  | broker-dealer are limited to those specified in Section  |  | 3(a)(4)(B)(i) to (vi) and (viii) to (x); Section 3(a)(5)(B);  |  | and Section 3(a)(5)(C) of the federal Securities Exchange Act  |  | of 1934, 15 United States Code, Sections 78c(a)(4) and (5); |  
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 |   | | D.__An international banking institution; or |  
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 |   | | E.__Any other person the administrator excludes, by rule or  |  | order, consistent with the public interest and protection of  |  | investors. Rules adopted pursuant to this paragraph are  |  | routine technical rules as defined in Title 5, chapter 375,  |  | subchapter 2-A. |  
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 |   |  | 5.__Depository institution. "Depository institution" means: |  
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 |   | | B.__A savings institution, trust company, credit union or  |  | similar institution that is organized or chartered under the  |  | laws of a state or of the United States, authorized to  |  | receive deposits and supervised and examined by an official  |  | or agency of a state or the United States if its deposits or  |  | share accounts are insured to the maximum amount authorized  |  | by statute by the Federal Deposit Insurance Corporation, the  |  | National Credit Union Share Insurance Fund or a successor  |  | authorized by federal law. |  
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 |   | | "Depository institution" does not include an insurance company or  |  | other organization primarily engaged in the business of  |  | insurance; a Morris Plan bank; or an industrial loan company. |  
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 |   |  | 6.__Federal covered investment adviser. "Federal covered  |  | investment adviser" means a person registered under the federal  |  | Investment Advisers Act of 1940. |  
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 |   |  | 7.__Federal covered security. "Federal covered security" means  |  | a security that is, or upon completion of a transaction will be,  |  | a covered security under Section 18(b) of the federal Securities  |  | Act of 1933, 15 United States Code, Section 77r(b) or rules or  |  | regulations adopted pursuant to that provision. |  
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 |   |  | 8.__Filing. "Filing" means the receipt under this chapter of a  |  | record by the administrator or a designee of the administrator. |  
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 |   |  | 9.__Fraud; deceit; defraud. "Fraud," "deceit" and "defraud"  |  | are not limited to common law deceit. |  
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