Series 63: Registration By Filing

Registration by Filing

Registration by filing (also known as registration by notification) is an option for issuers that have registered a security federally. If the issuer meets certain conditions, they may register on the state level by providing the state with certain basic information and documentation. What you really need to know is that this type of filing is for established companies that have already registered a security with the SEC.

A security registered under the Securities Act of 1933 may only register by filing if the following conditions are met:

• • The issuer is organized under U.S. laws, is organized under the laws of a state, or has an agent in the U.S. for service of process.
• • The issuer has been in business in the U.S. for the past 36 months and has filed all their materials with the SEC for the last 36 months.
• • The issuer has a security registered under the Securities Exchange Act of 1934 held by at least 500 shareholders.
• • There have been 4 market makers in the secur