In 1982, the SEC adopted Rule 415, also known as the _ rule, which all
In 1982, the SEC adopted Rule 415, also known as the _ rule, which allows qualifying firms to register a bond offering and then sell it either as a whole or piecemeal at any time over several years.
a. delayed registration
b. deferred registration
c. shelf registration
d. piecemeal registration
ANSWER
C
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