Laws & RegulationsPregunta 1 de 100
Under the Uniform Securities Act, what is the correct order of registration for a security using the coordination method?
a.It is registered only at the state level with no federal filing
b.It becomes effective the moment the application is filed with the Administrator
c.A federal registration statement under the Securities Act of 1933 is filed simultaneously with the state, and state effectiveness is coordinated with the SEC
d.The Administrator must personally approve the merits of the offering before it can be sold
Explicación
Registration by coordination is used when a security is registered federally under the Securities Act of 1933 at the same time as the state filing. State effectiveness is timed to coincide with SEC effectiveness. The Administrator never passes on the merits of an offering.
Referencia Legal: Uniform Securities ActPractica las 100 preguntas gratis — sin registro.
Preguntas relacionadas de este tema
- An agent registered in State A takes an unsolicited order from a client who is vacationing in State B, where the agent is not registered. Which statement is most accurate?
- Which of the following is considered an exempt SECURITY under the Uniform Securities Act?
- An investment adviser representative learns material nonpublic information about a public company from a client who is a corporate insider. The IAR then buys the stock for personal gain. This conduct is best described as:
- Under the Uniform Securities Act, which person would MOST likely need to register as an agent?
- Which of the following professionals would most likely qualify for the exclusion from the definition of investment adviser because advice is incidental to their practice and no special compensation is received?
- A federal covered investment adviser with clients in five states is generally subject to registration and oversight primarily by:
Última revisión: · proceso editorial
Equipo Editorial de PrepPass · Verificado con NASAA Series 66 Uniform Combined State Law Exam · Cómo revisamos