SEC rule 415 allows "Shelf Registration." This permits one registration statement to cover all securities to be issued during the next: (A) Six months. (B) One year. (C) Two years. (D) Three years.

Question

Jocelyn Bowman

Business

24 January, 17:06

SEC rule 415 allows "Shelf Registration." This permits one registration statement to cover all securities to be issued during the next: (A) Six months. (B) One year. (C) Two years. (D) Three years.

+2

Answers (1)

Know the Answer?

Braydon · Answer 1

The correct answer is D

Explanation:

Shelf registration is the process which involves the regulation that the company or the corporation could evoke or call up to comply or follow with the SEC (which stands for U. S. Securities and Exchange Commission) requirements of the registration for the new stocks that are offering upto 2 years before the actual offering to the public.

It allows the issuer for filing the registration statement with the SEC and it is for a period of 3 years, to sell the securities when the issuer consider the appropriate time.