One method of securities registration under the Uniform Securities Act is Qualification. The effective date of a security registered using this method is:
A) when so ordered by the Administrator.
B) when the offering is made effective by the SEC.
C) within 2 business days of the filing of maximum and minimum proposed offering prices.
D) by Noon of the 30th day following the filing of the application.
Answer: When so ordered by the Administrator.