According to the Spotlight on Small Business Box, Which of the Following

question 77

Multiple Choice

According to the Spotlight on Small Business box, which of the following is NOT a way the SEC changes altered securities laws following the JOBS Act?

• A) Raised the number of shareholders a company could have before registering with the SEC from 500 to 2,000.
• B) Allows equity crowdfunding through investment brokers or portals.
• C) Expanded the ability of private companies to raise capital through limited stock offerings.
• D) Required small businesses to have at least 100 employees before allowing crowdfunding to be pursued.

---

Definitions:

Comprehensiveness

The characteristic of being complete or having an inclusive scope.

Documentation

The systematic recording, updating, and managing of information.

Chronological

Pertaining to events or experiences arranged in the order of their occurrence in time.

Informed Consent

A process by which a person consciously agrees to participate in a particular action or procedure after understanding all relevant facts and risks.