In the registration process,the waiting period typically lasts
A) 10 days.
B) 20 days.
C) 30 days.
D) 45 days.
E) 60 days.

Question

Quizplus · Accepted Answer

After the registration statement is filed, a waiting period commences. This period typically lasts 20 days. During this time, the staff of the Securities Exchange and Commission investigates the accuracy of the registration statement to determine whether the sale of the securities should be permitted.

In the Registration Process,the Waiting Period Typically Lasts