Help – Becker R7 – Securities Exchange Act of 1934

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  • #165629
    jdj017400
    Member

    Becker MCQ CPA-01396 from Becker R7:

    Link Corp. is subject to the reporting provisions of the Securities Exchange Act of 1934.

    Which of the following reports must be submitted to the SEC?

    -Reporting by any party making a tender offer to purchase Link’s stock.

    -Report of proxy solicitations by Link stockholders.

    Correct answer is a. Yes – Yes

    Becker’s book states that it’s tender offers to purchase 5% or more, however, this answer suggests that “any” party making a tender offer is subject to the reporting provisions?

    Can someone comment on this?

    BEC - 80 (11/30/2010), Lost Credit - Retake 11/30/2012, 80 (FINISHED!)
    AUD - 71 (05/31/2011), 79 (08/28/2011)
    REG - 70 (11/30/2011), 87 (02/09/2012)
    FAR - 61 (5/31/2012), 80 (08/31/2012)

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  • #321797
    jamesblunt69
    Member

    I checked and you're right. I wouldn't overthink it and just remember “5% TIP” and move on. There's a lot more to remember.

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