Which of the following organizational forms is subject to the Securities and Exchange Commission (SEC) regulations?
A) Sole proprietorship
B) Partnership
C) Private corporation
D) Public corporation

Question

Quizplus · Accepted Answer

Only public corporations are subject to SEC regulations as they have sold stocks to the public and are required to disclose financial and other information to the SEC and the public. Sole proprietorships, partnerships, and private corporations are not subject to SEC regulations.

Which of the Following Organizational Forms Is Subject to the Securities