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Please double check my answers too 6. Secondary markets Once a company completes its IPO, the company's stock starts trading in the aftermarket, also called

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6. Secondary markets Once a company completes 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. Examples of US secondary equity markets include the New York Stock Exchange (NYSE), American Stock Exchange (AMEX), and National Association of Securities Dealers Automated Quotations (NASDAQ). They list hundreds of stocks. An active secondary market stock offers several benefits to shareholders and the issuing company. Consider the following statement: Exchanges are used to conduct IPOs. Is the preceding statement true or false? O False True The SEC and the National Association of Securities Dealers (NASD) regulate trading activity in exchanges to prevent unlawful activities. Consider the following statement: The SEC gives companies the liberty to solicit votes through proxy statements and focuses on the end result instead of the way companies use these proxy statements. Is this statement accurate? No Yes The Federal Reserve Board specifies the maximum amount that an investor can borrow to purchase securities. This amount is called a margin requirement

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