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Tweed Manufacturing, Inc. plans to issue $10 million of common stock to the public in interstate commerce after its registration statement with the SEC becomes effective. What, if anything, must Tweed do in respect to those states in which the securities are to be sold? A. File in the appropriate state office of the state in which it maintains its principal office of business, obtain clearance, and forward a certified copy of that state’s clearance to all other states. B. Make a filing in those states which have laws governing such offerings and obtain their approval. C. Nothing, since approval by the SEC automatically constitutes satisfaction of any state requirements. D. Simultaneously apply to the SEC for permission to market the securities in the various states without further clearance. |