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Re: None

Tuesday, 07/11/2017 6:51:01 AM

Tuesday, July 11, 2017 6:51:01 AM

Post# of 220553
Let's suppose a Form 15 filer files a 10-12g to register securities:

1) Is the 60-day notice of effectiveness automatic in this case? Wouldn't regulators have something to say about a form 15 filer committing malfeasance and then turning around and registering securities?

2) Assuming the notice of effectiveness goes through and the shares are registered, what is the likelihood that a form 15 filer could return to full compliance?

The belief is that if a form 15 filer files a form 10 registration statement that becomes effective, they are now automatically subject to reporting requirements. I don't believe this to be the case. Am I wrong?

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