Coordinated Registration under State Securities Law

The video tutorial explains two unique methods for coordinated registration that align with federal filings. The first method, coordinated review equity, involves an issuer filing a disclosure with Pennsylvania, which selects another state for a merit review. Once approved, the issuer can file the results in other states. The second method, small company offering registration, divides the country into five geographic areas, allowing issuers to submit a simplified disclosure form to one state's agency. Approval in one area extends to the entire region, facilitating compliance with state laws.

What is the significance of the merit review in the registration process?

How does the approval process work once a disclosure form is filled out?