Question
All the following are major requirements needed to qualify for shelf registration except: having no violations of the Securities Exchange Act of 1934 in
All the following are major requirements needed to qualify for shelf registrationexcept:
having no violations of the Securities Exchange Act of 1934 in the past three years.
not defaulting on debt in the past three years.
having outstanding stock with a market value in excess of $150 million.
having no violations of the Securities Act of 1933 in the past three years.
having a current rating of investment grade.
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Principles of Auditing and Other Assurance Services
Authors: Ray Whittington, Kurt Pany
19th edition
978-0077804770, 78025613, 77804775, 978-0078025617
