Under the Uniform Securities Act, when does a complete broker-dealer registration application generally become effective if the Administrator neither accelerates the effective date nor begins a denial proceeding?

Why B — At noon on the 30th day after filing

A complete registration application generally becomes effective at noon on the 30th day after filing unless the Administrator sets an earlier effective date or begins a proceeding that delays effectiveness. A deficiency can prevent an application from being complete, but the Act does not support the original item's automatic date-reset formula.