INTRODUCTION OF THE PRACTICE OF “SHELF-REGISTRATION”
DOI:
https://doi.org/10.47390/SPR1342V5I4Y2025N24Keywords:
Shelf-registration, financial market, financial risk, underwriting, Securities and Exchange Commission (SEC)Abstract
In order to increase the attractiveness of the financial market, expand the scope and activity of investors, it is necessary to simplify the process of trading securities. To this end, the implementation of the “shelf-registration” practice is an effective way to simplify the registration processes of trading financial instruments in the financial market, reduce issuance costs, reduce underwriting fees, and provide access to the market at a convenient time. This article examines the essence of the “shelf-registration” practice, analyzes scientific research conducted in this regard, and examines the advantages and disadvantages of the practice.
References
1. Oʻzbekiston Respublikasi Prezidentining “2022 — 2026 yillarga moʻljallangan yangi Oʻzbekistonning taraqqiyot strategiyasi toʻgʻrisida”gi 60-sonli farmoni.
2. Chu, Yongqiang and Zhao, Daxuan, Access to Public Capital Markets and Bank Lending. https://ssrn.com/abstract=3123848 or http://dx.doi.org/10.2139/ssrn.3123848
3. Qimmatli qogʻozlar va birja komissiyasi (SEC) 415-qoida
4. M. W. Marr, and G. R. Thompson, 1985, The Rule 415 experiment: Equity markets, Journal of Finance 40, 1385-1401.
5. Blackwell, D. w., M. W. Marr, and M. F. Spivey, 1990, Shelf registration and the reduced due diligence argument: Implications of the underwriter certification and the implicit insurance hypotheses, Journal of Financial and Quantitative Analysis 25, 245-59.
6. Moehrle, S. R., Reynolds-Moehrle, J. A., & Stuerke, P. S. (2004). Shelf registered securities: is it time to re-evaluate the process? Research in Accounting Regulation, 17, 3–24. doi:10.1016/s1052-0457(04)17001-x
7. Gao, X., and J. R. Ritter. 2010. The marketing of seasoned equity offerings. Journal of Financial Economics 97:33–52.
8. Gustafson, M. 2017. Price pressure and overnight seasoned equity offerings. Forthcoming, Journal of Financial and Quantitative Analysis
9. Muallif tomonidan ishlab chiqildi.