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Competencies are defined as:
Penny Stock Reform Act
Legislation aimed at providing greater transparency and protection in the trading of low-priced, speculative securities known as penny stocks.
Market Reform Act
Legislation aimed at improving the regulation and functioning of financial markets, though the specifics can vary by country.
Shelf Registrations
A regulatory provision that allows an issuer to register a new issue of securities without having to sell the entire issue at once.
Off the Shelf
A term used to describe products available for immediate purchase and use, without the need for customization.
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