RegulationsCâu 42 / 110
Registration of a securities offering with the SEC means that:
a.The issuer has filed the required disclosure and the SEC has not objected; the SEC does not approve the offering or vouch for its merits
b.The SEC has approved the offering as suitable for retail investors
c.The SEC guarantees the accuracy of the statements in the prospectus
d.The issuer's financial condition has been certified as sound by the SEC
Giải thích
The SEC's review is a disclosure review only; it never passes on the merits of an offering and it is unlawful to tell a customer otherwise. Suggesting approval, a guarantee of accuracy, or certification of financial strength misrepresents the agency's role. Every prospectus carries a disclaimer to this effect.
Trích dẫn luật: Securities Act of 1933Luyện miễn phí toàn bộ 110 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- The principal purpose of the Securities Act of 1933 is to:
- Which of the following is an exempt security under the Securities Act of 1933?
- During the cooling-off period for a registered offering, a representative may:
- The Securities Exchange Act of 1934 is best known for:
- Under the Investment Company Act of 1940, what portion of a registered fund's board must consist of directors who are not affiliated with the fund's adviser or underwriter?
- Before a newly formed open-end fund may offer shares to the public, the Investment Company Act of 1940 requires it to have:
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