Any corporation with more than $10 million in assets must register with the Securi?ties and Exchange Commission.

Question

Quizplus · Accepted Answer

This statement is true. According to the Securities Exchange Act of 1934, any corporation with more than $10 million in assets and 500 or more shareholders must register with the Securities and Exchange Commission (SEC) and comply with its regulations. This is commonly known as the "10-K filing" requirement, and it helps to ensure transparency and accountability among publicly traded companies.

Any Corporation with More Than $10 Million in Assets Must