Which of the Following Statements Is NOT True of Shelf

question 79

Multiple Choice

Which of the following statements is NOT true of shelf registration?

• A) Shelf registration gives firms less flexibility in bringing securities to market.
• B) During a two-year window, the firm can take the securities "off the shelf" and sell them as needed.
• C) Shelf registration allows firms to periodically sell small amounts of securities.
• D) A shelf registration statement can cover multiple securities, and there is no penalty if authorized securities are not issued.