Registration by Notification

question 81

Multiple Choice

Registration by notification:

• A) is required by those issuers who do not have a proven record and who are not subject to the Securities Act of 1933.
• B) refers to documents filed with the Securities & Exchange Commission (SEC) by a privately held company, declaring its intent to offer shares of its stock to the general public.
• C) is required for those issuers of securities who must register with the SEC and the duplicate documents are filed with the state's administrative agency.
• D) refers to the quality certification process in which an independent and accredited quality auditor conducts an on-site audit of a firm.
• E) allows issuers to offer securities for sale automatically after a stated time period expire unless the administrative agency takes action to prevent the offering.

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Definitions:

Holistic Picture

An overall or complete view that considers all factors, elements, or aspects of a situation.

Rational Choice Models

These are analytical frameworks designed to understand social, economic, and political behaviors based on the assumption that individuals choose actions that maximize their utility or benefit.

Self-interest

Acting in a way that is beneficial to oneself, often based on personal gain or advantage.

Economic-interest

Refers to the set of financial or commercial objectives and incentives that motivate individuals, organizations, or nations.