Once a company issues its IPO, the company's stock starts trading in the aftermarket, also called the secondary market. After the IPO, investors can buy and sell a company's stock in the secondary markets. A company qualify and then must list its stock on an exchange so that its stock can be traded among investors on the secondary markets. The New York Stock Exchange (NYSE) and the Toronto Stock Exchange (TSX) are stock exchanges that list hundreds of stocks. Listing a stock has several benefits. Consider the following statement: Listing a stock on an exchange can lead to a decrease in the cost of equity for the firm and an increase in the value of the firm's stock. Is the preceding statement true or false? O True False In an effort to improve securities regulation in Canada, the 13 regulatory jurisdictions formed the In 2009, the Canadian Securities Administrators, with the exception of the OSC implemented a that required companies to file only in one jurisdiction