1. A state's securities Administrator has jurisdiction over a securities offer it it was: 1)directed to residents of that state, originated in that state, accepted in that state, all of the above
2. An Administrator has jurisdiction over an offer to sell securities if it is made in a newspaper published within the state with no more than 2/3 of its circulation outside the state in the last year
administrator actions:
-1. Make, mend, or rescind rules and orders
-2. Conduct investigations and issue subpoenas
-3. Issue cease and desist orders and seek injunctions
-4. Deny, suspend, cancel or revoke registrations and licenses
-act on behalf of the public
-all rules MUST be published
-MAY require all agents to pay a registration fee of $250
-can order a 30 day suspension of agent when rule is violated
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