The SEC's Role in the Initial Registration of Securities to Be

question 9

Multiple Choice

The SEC's role in the initial registration of securities to be publicly issued is:

• A) to ensure that the content of the registration filing is in compliance with securities regulations.
• B) to ensure that securities issued are quality investments.
• C) to provide data to the public regarding first-time issuance of securities.
• D) to give permission to an independent CPA firm to audit the registrant's financial statements.
• E) to make the registrant's annual report available for public viewing.

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Definitions:

Selling

The process of persuading someone to buy a product or service.

Marketing Concept

A business philosophy that focuses on identifying and meeting the needs and wants of customers to achieve the organization's goals.

Sales Orientation

A marketing strategy in which personal selling and advertising are used to persuade consumers to buy new products and more of existing products.

Dominant Strategy

A strategy that is best for a player in a game regardless of the strategies chosen by the other players.