anyone giving you grief about where it goes is pretty much an anal retentive goofball. as you do not even need one to operate a boat. it seems each flotilla has a different spot it wants the check but i think it hardly matters.
this is from:
http://a0821606.uscgaux.info/vessel_safety_checks.htm
Vessel Safety Checks
The U. S. Coast Guard Auxiliary offers free vessel safety checks (VSC) to boaters who wish to promote their own boating safety. If you are interested in a Vessel Safety Check come to one of the scheduled checks or contact your marina for more information. We can schedule an individual date and time for an inspection. Call John or Kathleen Sharer at 423-238-7476 or e-mail and we will respond as soon as possible.
The Vessel Examiners who perform these checks are specially trained Auxiliarists who are kept informed on the latest legal requirements for boaters.
Vessel Examiners have no legal authority - their goal is to prevent boaters from getting equipment-related citations and to prevent safety-related accidents.
These safety checks are meant to be an educational experience. The Vessel Examiners will check for all required items on board your boat and if everything is present and in good working order, they will award a decal to affix to your boat. If you wish, they will also gladly explain the reason for the various safety equipment requirements and explain how safety equipment works.