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A Registration Statement Is Effective on the 20th Day After

Question 54

Multiple Choice

A registration statement is effective on the 20th day after filing unless:


A) the SEC is backlogged with statements.
B) a tombstone ad is issued indicating its demise.
C) a letter of comment suggesting changes is issued by the SEC.
D) a syndicate can be formed sooner.
E) None of these.

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