Question of the Week

If an issuer wishes to register a security in the state, and it is a new issue being registered with the SEC, the least complicated method to choose would be:

a) Registration by coordination
b) Registration by qualification
c) Registration by filing
d) Registration by certification


Answer:

The correct answer is a.

Registration by coordination is permitted when the issuer has filed a registration application with the SEC under the Securities Act of 1933.