If a Canadian publicly traded company deliberately misrepresents its earnings and it is also listed on a U.S.stock exchange,the U.S.Securities and Exchange Commission (SEC)may also pursue charges and fines,which are generally ________ those assessed in Canada.

Question

Quizplus · Accepted Answer

The SEC in the United States is known for imposing larger fines and stricter regulations compared to other countries, including Canada. Therefore, it is likely that any fines or charges imposed by the SEC in this scenario would be larger than those assessed in Canada.

If a Canadian Publicly Traded Company Deliberately Misrepresents Its Earnings