Firm XYZ registered as an IA in State G ceases to exist due to corporate restructuring and is succeeded by a new entity, XYZ Advisors LLC, in May. What is TRUE about registration for XYZ Advisors LLC under the USA?

1. AXYZ Advisors LLC must file for registration but is not required to pay a new fee for the remainder of the year✓ Correct answer
2. BXYZ Advisors LLC must file and pay a new registration fee in May
3. CThe prior registration automatically transfers to XYZ Advisors LLC
4. DThe firm must wait until the next annual renewal period to register

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