
Under the new securities rules issued under the JOBS Act,which of the following companies would need to register its securities under the 1934 Securities Exchange Act for purposes of periodic reporting?
A) A company with $5 million in assets and 2,000 shareholders.
B) A company with $10 million in assets and 1,500 shareholders.
C) A company with $10 million in assets, 2,000 shareholders, and 550 non-accredited shareholders.
D) A company with $10 million in assets, 2,000 shareholders, and 500 non-accredited investors.
Correct Answer:
Verified
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