1 Texas Administrative Code § 78.7 – Exemptions from Registration for Certain Professional Services
(a) In certain circumstances, Occupations Code, § RSA 2051.005, exempts from registration a person licensed or registered by the state as:
(1) a dealer, agent, investment adviser, or investment adviser representative;
(2) a real estate broker or salesperson;
(3) an insurance agent; or
(4) another professional.
(b) For purposes of this section, “another professional” means a person holding a license or registration issued by this state that authorizes the person to perform the type of financial services that the person is performing for the athlete.