Companies whose securities are listed on a national securities exchange and unlisted companies with assets in excess of $10 million and 500 or more shareholders are exempt from the reporting requirements of the Securities Exchange Act of 1934.

Question

Quizplus · Accepted Answer

Companies whose securities are listed on a national securities exchange are not exempt from the reporting requirements of the Securities Exchange Act of 1934, and unlisted companies with assets in excess of $10 million and 500 or more shareholders are also subject to reporting requirements.

Companies Whose Securities Are Listed on a National Securities Exchange