In the Event That the SEC Staff Believes That a Prospectus

In the event that the SEC staff believes that a prospectus that has been submitted for review does not adequately explain the high-risk factors of an offering, it can:

A) do nothing so long as the required elements have been provided
B) require shelf registration proceedings to begin
C) obtain a Commission order barring the sale of the security
D) obtain a federal court order barring the sale of the security
E) none of the other choices