Which of the following statements are TRUE?
The Uniform Securities Act is not the actual law of any state or territory of the United States.
The National Securities Markets Improvement Act of 1996 requires states and the federal government to have identical registration requirements.
The state securities Administrator has responsibility for the enforcement and administration of a state's securities law.
A) I and III.
B) I and II.
C) II and III.
D) I, II and III.
Answer: A) I and III.