In 1992, the SEC Issued New Rules Establishing an Integrated

question 35

True/False

In 1992, the SEC issued new rules establishing an integrated registration and reporting system for small business issuers.

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Definitions:

Criminal Offense

An act punishable by law, typically involving a breach of a statute that prohibits it.

Infringement

The violation or breach of a law, agreement, or right.

Substantially Indistinguishable

Describes two or more items so similar in all important aspects that they cannot be clearly differentiated.

Trade Secret

Any practice, formula, process, design, instrument, pattern, or compilation of information not generally known or reasonably ascertainable, by which a business can obtain an economic advantage over competitors or customers.