One of the reasons for the significant drop in the number of public offerings since 2001 is:
A)the U.S.economic crisis.
B)the global economic meltdown.
C)the Quattrone Act,2002.
D)the Sarbanes-Oxley Act,2002.

Question

Quizplus · Accepted Answer

The Sarbanes-Oxley Act, which was passed in 2002, increased regulations and requirements for public companies, making it more expensive and time-consuming to go public. This has been cited as a major factor in the decline of public offerings since then.

One of the Reasons for the Significant Drop in the Number