The Uniform Securities Act Permits an Issuer to Register by Coordination,which

question 16

Multiple Choice

The Uniform Securities Act permits an issuer to register by coordination,which means the issuer:

• A)can file the 1933 Act registration statement with the state securities administrator.
• B)becomes exempt from registration under state securities registration law.
• C)needs to file under the state securities registration law only and not the 1933 Act.
• D)need not register the securities statement once he/she has registered under the 1933 Act.

---

Definitions:

Disposable Personal Income

Funds available to families for saving or spending after subtracting income taxes.

Retained Earnings

The portion of net income that is kept by a company rather than distributed to its shareholders as dividends, used for investment or paying off debt.

Social Insurance Contributions

Payments made to social security systems by employers, employees, or the self-employed, used to fund public programs such as pensions, unemployment benefits, and health care.

Transfer Payment

Payments made by the government to individuals for which no good or service is provided in return, such as welfare benefits.