You are the sole shareholder of a small corporation.Presently,you wish to diversify your holdings and thus want to sell a portion of your shares but do not want to incur the costs associated with SEC filings.Which one of the following markets,if any,might be conducive to this sale?
A)NASDAQ
B)OTCBB
C)Pink Sheets
D)NYSE

Question

Quizplus · Accepted Answer

Pink Sheets is a market that does not require SEC filings or registration, making it a cost-effective option for small corporations looking to sell a portion of their shares. NASDAQ and NYSE both require SEC filings and are typically reserved for larger corporations. OTCBB also requires SEC filings and is often subject to lower trading volumes and liquidity. Therefore, Pink Sheets would be the best choice for this particular scenario.

You Are the Sole Shareholder of a Small Corporation