Trail Bike Corporation is a public company whose shares are traded in the public securities markets. Under the Securities Act of 1933, Trail Bike is required to

Question

Trail Bike Corporation is a public company whose shares are traded in the public securities markets. Under the Securities Act of 1933, Trail Bike is required to​

Quizplus · Accepted Answer

The Securities Act of 1933 requires companies whose shares are traded in public securities markets to disclose financial and other information about their securities. Option A is not applicable as Trail Bike is not required to contribute to the operations of national stock exchanges. Option C is not applicable as market surveillance is the responsibility of regulatory authorities, not the company itself. Option D is not the best choice as only option B is applicable to Trail Bike Corporation under the Securities Act of 1933.

Trail Bike Corporation Is a Public Company Whose Shares Are