Shelf registration has nearly eliminated competition in the investment banking industry.
Shelf registration does not directly impact competition. It is used as a comprehensive vehicle for issues in advance for up to two years.

Question

Quizplus · Accepted Answer

Shelf registration is a process that allows companies to register securities with the Securities and Exchange Commission (SEC) in advance of actually selling them to the public. It does not have a direct impact on competition in the investment banking industry, but rather provides companies with flexibility in timing and pricing their offerings. Competition in the investment banking industry is affected by a variety of factors such as reputation, expertise, and relationships with clients, among others.

Shelf Registration Has Nearly Eliminated Competition in the Investment Banking