Under the Uniform Securities Act, which of the following statements is TRUE regarding the registration of investment advisers (IAs) and investment adviser representatives (IARs)?
a. AIARs are not required to be registered in a state as long as the IA is registered there.
b. BIARs that are giving advice about exempt securities don't need to be registered even if the IA is required to be registered.
c. CIARs are required to register in a state even if the IA is provided an exemption from registration there.
d. IARs are required to be registered in a state even if the IA is registered there.