The SEC's Rule 415 allows issuing corporations to quickly take advantage of market conditions.

Name: The SEC's Rule 415 allows issuing corporations to quickly take advantage of market conditions.
Brand: Quizplus
Rating: 4.8 (50 reviews)

Question

Quizplus · Accepted Answer

Rule 415, also known as shelf registration, allows issuers to register a large amount of securities for sale and then gradually sell them over a two-year period, taking advantage of favorable market conditions without having to repeatedly file new registration statements with the SEC.

The SEC's Rule 415 Allows Issuing Corporations to Quickly Take