Series 63 practice questioneasyMaterial Change Definition
All of the following would likely be considered a 'material change' requiring amendment of an issuer's registration statement EXCEPT:
- AA change in the use of proceeds
- BA minor change in company address✓ Correct answer
- CA new lawsuit affecting key assets
- DThe resignation of the CFO
Explanation
Why B — A minor change in company address
A minor address change may not be material unless it impacts fundamental operations. Use of proceeds (A), major litigation (C), and a principal officer change (D) are material per USA Sections 302–305.
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