When Does the Securities and Exchange Commission (SEC) Typically Require

Multiple Choice

When does the Securities and Exchange Commission (SEC) typically require a company to submit a registration statement to the SEC for approval?

A) When the company receives a qualified opinion from the external auditors
B) When the company receives a disclaimer of opinion from the external auditors
C) When the company issues new debt or stock securities to the public
D) When the company has experienced a major fraud