Which of the Below Statements Is TRUE

Multiple Choice

Which of the below statements is TRUE?

A) The filing of a registration statement with the SEC means that the security can be offered to the public.
B) When the SEC declares the registration statement is "effective," it means that an amendment to the registration statement can be filed.
C) The registration statement must be reviewed and approved by the SEC's Division of Corporate Finance before a public offering can be made.
D) The approval of the SEC means that the securities have investment merit or are properly priced or that the information is accurate.