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Business, 05.08.2020 18:01 zuleiny38

Under the National Securities Markets Improvement Act of 1996 (NSMIA), states are prevented from I. registering securities II. establishing capital and custody requirements that exceed those provided for in the Securities Exchange Act of 1934
III. establishing recordkeeping requirements for broker-dealers or investment advisers that exceed those required under federal securities law
IV. registering investment advisers

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