BigCash Broker-Dealers Is Registered in the State and Is in the Process

BigCash Broker-Dealers is registered in the state and is in the process of purchasing a smaller broker-dealer, Target Investments, as a subsidiary. Target Investments is also registered in the state. After completing the purchase, what actions must BigCash take regarding registration of its new subsidiary?

A) BigCash need do nothing since Target Investments was already duly registered with the state as a broker-dealer.
B) BigCash must file a new application with the state to register its new subsidiary, but will be able to utilize the remainder of any annual filing fees that Target Investments had paid for the year.
C) BigCash must file a new application with the state to register its new subsidiary and must also pay the annual filing fees required by the Administrator.
D) BigCash will need to pay the annual filing fees required by the Administrator, but will not need to file a new registration application.