All the Following Are Major Requirements Needed to Qualify for Shelf

Multiple Choice

All the following are major requirements needed to qualify for shelf registration except:

A) having a current rating of investment grade.
B) having outstanding stock with a market value in excess of $150 million.
C) not defaulting on debt in the past three years.
D) having no violations of the Securities Act of 1933 in the past three years.
E) having no violations of the Securities Exchange Act of 1934 in the past three years.