Which of the following conditions would lead to a security needing to be registered under the 1934 Securities Exchange Act:

Question

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All of the other specific choices would lead to a security needing to be registered under the 1934 Act. This includes if the security is listed on a securities exchange or traded over the counter, but also if the company has $5 million in assets or 500 shareholders. All of these conditions trigger registration requirements under the 1934 Act.

Which of the Following Conditions Would Lead to a Security