Individual Investors Might Avoid Requesting 100 Shares in an Upcoming

Individual investors might avoid requesting 100 shares in an upcoming IPO because they:

A) do not want to be bothered with submitting their bid to the SEC for approval.
B) do not want to abide by the quiet period requirement.
C) are prevented from entering orders for less than 1,000 shares.
D) are more apt to receive shares if the IPO is under allocated.
E) would have to pay a premium based on their small order size.

Correct Answer:

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Access For Free