Before a corporation's stock can be sold on a major stock exchange, the firm must provide detailed financial information to the Securities and Exchange Commission (SEC).

Question

Quizplus · Accepted Answer

This is true. A corporation must provide financial information, such as annual reports and financial statements, to the SEC before its stock can be listed and traded on a major stock exchange. This is required to provide transparency and protect investors.

Before a Corporation's Stock Can Be Sold on a Major