Under the 1934 Act,an Issuer Must Register with the SEC

question 30

Multiple Choice

Under the 1934 Act,an issuer must register with the SEC if

• A)it has not completed a public offering under the 1933 Act.
• B)its securities are not going to be traded on a national exchange.
• C)it will not be providing investors with a prospectus.
• D)it has at least 2,000 shareholders and total assets that exceed $10 million.

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Definitions:

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Lines within a program’s code meant to provide explanations or annotations, which are ignored by compilers and interpreters.

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