Series 63 practice questioneasyEffective Dates
Under the USA, when does a registration statement filed by coordination generally become effective if all state conditions are met and no stop order is in effect?
- A20 days after filing
- BOnce the SEC registration becomes effective, for Coordination✓ Correct answer
- CImmediately upon filing
- D6 months after filing
Explanation
Why B — Once the SEC registration becomes effective, for Coordination
Registration by coordination generally becomes effective when the related federal registration statement becomes effective, provided the state filing conditions are satisfied and no stop order is in effect.
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