In order to continue enjoying our site, we ask that you confirm your identity as a human. Thank you very much for your cooperation. The correct answer was: II only. Any security may be registered by qualification, but that would only be required if another method of registration were unavailable. ABC, Inc., must be SEC-registered because its previous offering was in several states. Generally, the nonissuer sale of an SEC-registered security that has been outstanding at least 180 days is an exempt transaction and, therefore, does not require registration. Since XYZ, Inc., will not have a federal registration statement, registration by coordination will not be available. AAA, Inc., will require federal registration in connection with the same offering, registration by coordination will be available. |