The 2008 Amendments to the SEC Rules Regarding Registration and Reporting

question 21

True/False

The 2008 amendments to the SEC rules regarding registration and reporting define a small business issuer as a noninvestment company with less than $20 million in public float.

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Definitions:

Minimum Resale Prices

Agreements or policies that set the lowest price at which a product may be resold, often used by manufacturers to maintain brand image or stabilize market price.

Vertical Agreements

Contracts between companies at different levels of the supply chain, such as between a manufacturer and a retailer.

Sherman Act

An antitrust law enacted in 1890 to combat monopolies and cartels, promoting fair competition for the benefit of consumers.

DOJ

The Department of Justice, a federal executive department of the U.S. government responsible for the enforcement of the law and administration of justice.