A registration statement is effective on the 20^th day after filing unless:

Question

Quizplus · Accepted Answer

A registration statement may be subject to review and commentary by the stock exchange, and the issuance of a letter of comment with suggested changes. In this case, the effective date would be postponed until the issuer addresses any concerns and the statement is deemed satisfactory by the exchange. Options A, B, and D are not valid factors in determining the effective date of a registration statement.

A Registration Statement Is Effective on the 20th Day After

A Registration Statement Is Effective on the 20^th Day After