When Do Registration Statements Usually Become Effective

question 7

Multiple Choice

When do registration statements usually become effective?

• A) twenty business days after they are filed, unless the Securities and Exchange Commission requires additional information to be disclosed
• B) thirty business days after they are filed, unless the Securities and Exchange Commission requires additional information to be disclosed
• C) thirty-five calendar days after they are filed, unless the Securities and Exchange Commission requires additional information to be disclosed
• D) sixty business days after they are filed, unless the Securities and Exchange Commission requires additional information to be disclosed
• E) ten calendar days after they are filed, unless the Securities and Exchange Commission requires additional information to be disclosed

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Definitions:

Substantiated

Verified or proven to be true, often used in legal and social contexts to confirm the validity of claims or evidence.

Reported

Relating to information, data, or incidents that have been formally communicated or documented.

Child Abuse

Deliberate action that is harmful to a child’s physical, emotional, or sexual well-being.

Retaliation

An action taken in return for an injury or offense.