The Securities and Exchange Commission Recognizes an Issuer That Is

question 35

Multiple Choice

The Securities and Exchange Commission recognizes an issuer that is permitted to use Form S-03, thus disclosing even less detail in the 1933 Act registration, as a(n) ________.

• A)nonreporting issuer
• B)seasoned issuer
• C)unseasoned issuer
• D)well-known seasoned issuer

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Definitions:

Seventh Amendment

The Seventh Amendment to the United States Constitution guarantees the right to a jury trial in certain civil cases according to common law.

Federal Courts

Courts established by the federal government of a country, in the United States, they include the Supreme Court, Courts of Appeals, and District Courts.

Court Clerk

An officer of the court whose responsibilities include maintaining the records of a court and managing its administrative functions.

Complaint

A formal legal document initiating a lawsuit by setting forth the facts and legal reasons the plaintiff believes they are entitled to relief from the defendant.