In which of the following scenarios would the Administrator of a state not have jurisdiction?

In which of the following scenarios would the Administrator of a state not have jurisdiction?

I. A monthly newspaper published by a resident of the state who is not a registered investment adviser has a column in which the publisher makes specific investment recommendations for clients who write in for advice. About 80% of the circulation of the publication is to out-of-state residents.

II. An internet blog posted by an out-of-state resident makes investment recommendations.

III. An out-of-state firm solicits buyers for its promissory notes within the state.