Series 63: Exercise

Exercise

Match the mode of registration or filing with the securities issue

1. A. Registration by qualification
2. B. Registration by coordination
3. C. Registration by filing
4. D. Notice filing
5. 1. _ Solar Corp has a security that is listed on the NYSE. Solar wishes to sell the security in several states.
6. 2. _Enamel Brand has registered its stock with the SEC and makes regular reports to the SEC. The stock trades on the OTCBB. Enamel Brand wishes to sell its latest issue in State A.
7. 3. _ Tech Burst is a new company that is preparing its first IPO. It is only interested in making its securities available for sale in its home state.
8. 4. _Playback Music Limited is a new company that is preparing its first IPO. It is interested in making its securities available for sale in several different states.

Answers

1. 1. D. Solar Corp is a federal covered security because it is listed on the NYSE. Notice filing is the mode by which a state administrator is made aware that a federal covered security will be available for sale in its state