Series 63 practice questionmediumSecurities Registration — Coordination
An issuer files a registration statement with the SEC and simultaneously files with the state under registration by coordination. Which of the following must be provided to the state Administrator?
- AA copy of the latest prospectus filed with the SEC along with any amendments✓ Correct answer
- BOnly the issuer's articles of incorporation
- CA copy of the state business license only
- DAn audited financial statement reviewed by the state Administrator
Explanation
Why A — A copy of the latest prospectus filed with the SEC along with any amendments
Under USA Section 303, registration by coordination requires the issuer to provide the state Administrator with copies of the prospectus, articles of incorporation, underwriting agreement, and other documents filed with the SEC. The most critical document is the latest prospectus and any amendments thereto.
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