Consequently, without securities regulations, corporations could easily commit fraud by issuing large numbers of securities and then refusing to repay them. Thus, the government heavily regulates securities issuance and trading.

Put the events in the correct order for the registration process.

Rank the options below.

Waiting Period: During this period, the SEC reviews the information filed by the issuing firm. Issuers must wait $20$ days after the filing date to sell their securities$.$

Waiting Period: During this period, the SEC reviews the information filed by the issuing firm. Issuers must wait $20$ days after the filing date to sell their securities$.$

open choices for ranking

$5$

Posteffective Period

Posteffective Period open choices for ranking

No answer

Sells all Securities: The company sells all securities offered.

Sells all Securities: The company sells all securities offered. open choices for ranking

No answer

Files a Prospectus: The corporation files a prospectus with the SEC. A prospectus is a written document containing most of the same information as the registration statement.

Files a Prospectus: The corporation files a prospectus with the SEC. A prospectus is a written document containing most of the same information as the registration statement. open choices for ranking

No answer

Registration Statement: Company files a registration statement with a description of the securities offered for sale and other elements required to be in a registration statement.

Registration Statement: Company files a registration statement with a description of the securities offered for sale and other elements required to be in a registration statement. open choices for ranking

No answer

Prefiling Period: This period begins when an issuer begins to think about issuing securities; it ends when the issuer files the registration statement and prospectus with the SEC.

Prefiling Period: This period begins when an issuer begins to think about issuing securities; it ends when the issuer files the registration statement and prospectus with the SEC. open choices for ranking

No answer

SEC Declares Effective: The SEC declares the registration statement effective.

SEC Declares Effective: The SEC declares the registration statement effective. open choices for ranking

No answer

Red$-$Herring Prospectus: It issues a red$-$herring prospectus $$ a prospectus with a warning alerting investors that the registration has been filed but not yet approved.

Red$-$Herring Prospectus: It issues a red$-$herring prospectus $$ a prospectus with a warning alerting investors that the registration has been filed but not yet approved. open choices for ranking

No answer

Wants to Issue Securities: A corporation decides to offer the sale of se