Registration by Coordination

What this video covers

• Why registration by coordination is the broadest eligibility method for concurrent federal and state registration, with zero financial tests or operating history required
• The exact three copies of the latest federal prospectus that must be filed with the state administrator
• What an undertaking is, and why "promptly" means no later than the first business day after amendments are forwarded to or filed with the SEC
• The three conditions for automatic effectiveness, including the 10-day waiting period for the registration statement versus the 2-full-business-day waiting period for the price amendment
• When the administrator may waive the 10-day and 2-day waiting periods, and why the exam loves to test this waiver authority
• What a price amendment contains: offering price, underwriting and selling discounts, amount of proceeds, conversion rates, and call prices
• The massive due-process exception where failure to notify the administrator of the federal effective date allows a stop order without prior notice or hearing, and when such a stop order becomes void