Which of the following is true regarding the regulation propounded by the SEC titled Regulation Analyst Certification, Regulation AC?
a. It prohibits analysts from issuing reports that they do not personally believe to be true, and it also requires the disclosure of any analyst compensation arrangements related to specific recommendations or views contained in research reports.
b. It prohibits analysts from issuing reports that they do not personally believe to be true, but it does not require disclosure of any compensation reports.
c. It requires that analysts report compensation arrangements in relation to recommendations or views contained in research reports but, because of problems involving proof, it does not specifically prohibit analysts from issuing reports that they do not personally believe to be true.
d. The regulation will be put into action in phases with the first phase, effective in 2012, requiring disclosure of compensation arrangements in relation to recommendations or views contained in research reports and the second phase, effective in 2014, prohibiting entirely the issuance of recommendations or views in relation to stock for which an initial public offering was made within the previous twelve months.
a
You might also like to view...
Management by objectives (MBO) and goal cascading will not work without an effective
A. technology component. B. contingency plan. C. bonus-based compensation plan. D. goal-setting process. E. layer of middle management.
The ________ method of closing a sale attempts to bring to the table all issues of concern to the prospect but does not claim to be able to resolve the issues.
A. minor point B. probing C. alternative choice D. direct request E. benefit summary
One reason for standardizing random variables is to measure variables with:
a. different means and standard deviations on a non-standard scale b. different means and standard deviations on a single scale c. dissimilar means and standard deviations in like terms d. similar means and standard deviations on two scales
Indicate how each event affects the elements of financial statements. Use the following letters to record your answer in the box shown below each element. You do not need to enter amounts.Increase = IDecrease = DNot Affected = NA(Note that "Not Affected" means that the event does not affect that element of the financial statements or that the event causes an increase in that element that is offset by a decrease in that same element.) Allen Co. purchased a $30,000 machine by making a $5,000 cash down payment and issuing a $25,000 note payable for the remaining balance.AssetsLiabilitiesEquityRevenuesExpensesNet IncomeStmt of Cash Flows???????
What will be an ideal response?