[Cosmetic Securities] Alessia, the President of Quik Cosmetics, wanted to take her company public. She begins meeting with underwriters and sends out a press release mentioning the potential issuance of securities. She then files a registration document and prospectus. In her registration document, she described the securities, how the money from the sale of the securities will be used, described her business and property, and included information about a pending lawsuit in the process of being settled.
-If a company has consistently satisfied registration requirements, do they receive any benefit for future registrations?
A) Yes, the filing fees are waived.
B) Yes, the registration requirements are more relaxed.
C) Yes, the registration requirements are waived for any company that has satisfied the requirements in the past.
D) No, the SEC does not monitor past registrations.
E) No, they are subject to the same strict requirements.
Correct Answer:
Verified
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