<prompt> Translate the following text to EnglishWashauri wapya hawatalazimika kujiandikisha kwanza na jimbo au majimbo, kisha kuondoa na kujiandikisha na SEC ikiwa wanatarajia kuwa na haki ya usajili wa SEC ndani ya siku 120.  <response>: Also, new advisers would not have to register initially with a state or states, then deregister and register with the SEC if they had the expectation of being eligible for SEC registration within 120 days. 