Multiple Choice
Which of the following is NOT a significant result when a firm begins its initial sale of shares to the public in the United States?
A) The firm will now have to disclose a sizeable degree of financial and operational detail
B) The firm will now have to publish financial and operational detail once a year
C) The firm will now have to comply with Securities and Exchange Commission rules
D) The firm will now have to comply with all the specific operating and reporting requirements of the specific exchange on which it is traded
E) The firm will now have increased regulatory requirements
Correct Answer:
Verified
Correct Answer:
Verified
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