5 Questions
What action is the Commission authorized to take for the protection of investors and the public interest?
Summarily suspend trading in any listed security
For how long can the trading in a listed security be suspended by the Commission?
Not exceeding 90 days
What action must the Commission take following the issuance of the order of suspension?
Notify the affected issuer of the reasons for such suspension
What is the purpose of providing the affected issuer with an opportunity for a hearing?
To determine whether the suspension should be lifted
What is the maximum duration for which the Commission can summarily suspend trading in a listed security?
90 days
Test your knowledge of the U.S. Securities and Exchange Commission's power to suspend trading in listed securities with this quiz. Explore the duration and conditions under which trading can be suspended, as well as the Commission's authority to protect investors and the public interest.
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