The SEC's Role in the Initial Registration of Securities to Be

question 37

Multiple Choice

The SEC's role in the initial registration of securities to be publicly issued is:

• A) To ensure that the content of the registration filing is in compliance with securities regulations.
• B) To ensure that securities issued are quality investments.
• C) To provide data to the public regarding first-time issuance of securities.
• D) To give permission to an independent CPA firm to audit the registrant's financial statements.
• E) To make the registrant's annual report available for public viewing.