Abstract
One of the authors has recently propounded an SR model which shows, circumventing known no-go theorems, that an objective interpretation of quantum mechanics is possible. We consider here compound physical systems and show why the proofs of nonlocality of QM do not hold within the SR model, which is slightly simplified in this paper. We also discuss quantum measurement theory within this model, note that the objectification problem disappears since the measurement of any property simply reveals its unknown value, and show that the projection postulate can be considered as an approximate law, valid FAPP. Finally, we provide an intuitive picture that justifies some unusual features of the SR model and proves its consistency.