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Series 63: Regulation of Securities & Issuers
Series 63 practice questionmediumFiling Requirements

Which of the following statements about issuer filing requirements under the USA is TRUE?

  1. AThe Administrator can require amendments for material information after registration✓ Correct answer
  2. BIssuers are only required to file once at initial registration
  3. COnly federal regulators may request ongoing filings
  4. DAdministrators may require weekly reports from issuers
Explanation

Why AThe Administrator can require amendments for material information after registration

Administrators may require amendments reflecting material changes after registration (Section 305). Filings are not limited to initial registration (B), ongoing reports are allowed by states (C), but not more often than quarterly (D).

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