As Amended in 2008, SEC Rule 144 Imposes Stricter Requirements

question 3

True/False

As amended in 2008, SEC Rule 144 imposes stricter requirements on securities resales of issuers subject to 1934 Act reporting requirements than on securities resales of non-reporting issuers.

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Definitions:

Undue Hardship

A significant difficulty or expense imposed on an employer by accommodating an employee's disability or religious practices, under U.S. employment law.

Four-Fifths Rule

Rule of thumb that provides evidence of potential discrimination if an organization's hiring rate for a minority group is less than four-fifths the hiring rate for the majority group.

Minimum Height Requirement

A specified height minimum that individuals must meet to qualify for certain positions or roles, often used in occupations requiring physical ability.