Securities Registration第 50 / 100 题

Which statement about a state securities registration statement is correct?

a.It may be filed only by the issuer itself
b.Once declared effective it remains effective indefinitely
c.It may not be amended after the effective date under any circumstances
d.It may be filed by the issuer, by any other person on whose behalf the offering is made, or by a registered broker-dealer, and it is generally effective for one year

解析

The act allows the issuer, a selling shareholder or other person on whose behalf the offering is being made, or a registered broker-dealer to file the registration statement. Effectiveness generally runs for one year from the effective date, so a continuing offering must be renewed. Post-effective amendments are permitted, most commonly to increase the number of shares registered.

法律依据: Uniform Securities Act

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