Companies frequently need to raise money to expand. To do this, corporations often issue corporate securities—stocks and bonds. But a security is simply a piece of paper; it has no intrinsic value. Consequently, without securities regulations, corporations could easily commit fraud by issuing large numbers of securities and then refusing to repay them. Thus, the government heavily regulates securities issuance and trading.
Read the titles below representing different steps in the registration process. Then draw each step on a timeline to the appropriate location.

Registration Statement
Prefiling Period
Red-Herring Prospectus
Files a Prospectus
Waiting Period
SEC Declares Effective
Sells all Securities
Wants to Issue Securities
Posteffective Period
Registration of Securities Under The Securities Act Of 1933

Nell and kirby are in the process of negotiating their divorce agreement. what should be the tax consequences to nell and kirby if the following, considered individually, became part of the agreement? a. in consideration for her one-half interest in their personal residence, kirby will transfer to nell stock with a value of $200,000 and $50,000 of cash. kirby's cost of the stock was $150,000, and the value of the personal residence is $500,000. they purchased the residence three years ago for $300,000.nell's basis for the stock is $ xkirby's basis in the house is $ xb. nell will receive $1,000 per month for 120 months. if she dies before receiving all 120 payments, the remaining payments will be made to her estate.the payments (qualify, do not qualify) as alimony and are (included in, excluded from) nell's gross income as they are received.c. nell is to have custody of their 12-year-old son, bobby. she is to receive $1,200 per month until bobby (1) dies or (2) attains age 21 (whichever occurs first). after either of these events occurs, nell will receive only $300 per month for the remainder of her life.$ x per month is alimony that is (included in, excluded from) nell's gross income, and the remaining $ x per month is considered (child support, property settlement) and is (nontaxable, taxable) to nell.