Question

The Securities and Exchange Commission: Select one: A. examines the prospectus during the Green Shoe period. B. reviews registration statements to ensure they comply with current laws and regulations. C. determines the final offer price once they have approved the registration statement. D. publishes red herrings on prospective new security offerings. E. verifies the accuracy of the information contained in the prospectus.

Answer 1

B. reviews registration statements to ensure they comply with current laws and regulations.

Step-by-step explanation:

The Securities and Exchange Commission (SEC) is an independent federal agency which focuses on three main missions:

• Secure investors;
• Maintain reasonable, deliberate, and productive markets;
• Encourage capital arrangement.

They help investors form reasonable decisions.