Registration第 17 / 100 题
An investment adviser with $400 million in assets under management is registered with the SEC and has offices in three states. With respect to those states, the adviser:
a.Cannot be required to register with the states, but may be required to file a notice, pay fees, and file a consent to service of process
b.Must also register in each state where it has an office
c.Has no obligation of any kind to the state Administrators
d.Must register in the state of its principal office and notice file in the others
解析
An adviser required to register with the SEC is a federal covered adviser, and federal law preempts state registration requirements for such firms. States retain the right to require notice filings, collect fees, and demand a consent to service of process, and they keep full antifraud authority. State registration itself may not be imposed on a federal covered adviser, even in the state of its principal office.
法律依据: Uniform Securities Act免费刷完整 100 道题库 — 无需注册。
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