Coordinated review programs for state registration of securities or franchise offerings streamline the process for an issuer seeking to undertake a multi-state registration of its securities or franchise offering.
In addition to establishing uniform review standards, coordinated review is designed to expedite the registration process, saving the issuer time and money.
Coordinated review is voluntary, and there is no additional cost for choosing to register an offering through coordinated review. The states, under the auspices of the NASAA, have created coordinated review protocols for equity, small company, franchise offerings, direct participation program securities, and certain Regulation A securities.
For more information, visit NASAA’s Coordinated Review website: coordinatedreview.org.